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Articles

Are You a Corporate Executive Without an Estate Plan in Place?

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As a corporate executive you have plenty of things on your plate and you probably don’t want to think about adding anymore, but there are several critical financial tasks that you can’t afford to neglect. Even though corporate executives put in a lot of equity to get their money, they tend to devote very little […]

Is DIY Elder Planning Dangerous?

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If you’re looking for a plan to save money, elder law planning on your own might seem like an appealing option, even though the advantage could be potentially saving money now. There are costly mistakes that you can make in the DIY elder law planning process, such as omissions, neglecting opportunities for protection, and errors […]

Study Shows That Home Care Costs Have Grown Significantly

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The charges for home care are now rising faster than those associated with nursing home care, according to Genworth’s most recent cost of care survey. The median annual cost for home health aides rose 4.55% in 2019, whereas the median cost for a private nursing home room only increased by 1.82% to $102,000. Getting support, […]

Why is the First Attorney Meeting So Important with Estate Planning?

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Your first meeting with a knowledgeable estate planning lawyer lays the groundwork for all of the things you will work together towards in the future. It is important to identify an experienced estate planning lawyer who puts you at ease during this initial interview.  Many attorneys will offer a consultation to discuss some of your […]

What Are Mississippi’s Intestate Succession Laws?

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Did you know that if you pass away without a will in the state of Mississippi, that the state is responsible for passing on your property that would have otherwise gone through your will? This is known as Mississippi’s laws of intestacy or intestate succession.  These laws can also apply to a person who does […]

New Estate Tax Amounts Announced for 2020

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The IRS has authority on the estate tax and gift tax amounts that affect individuals and families and recently announced changes to the estate tax amount for 2020.  If your estate plan requires an update or if you’d like to adjust your giving strategy in 2020, now is the right time to speak with an […]

Three Tips to Make Business Succession Planning a Breeze

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No entrepreneur wants to think about a future in which they are not involved in their business without that being their own choice. It’s smart to hope for the best and prepare for the worst but recent studies have shown that far too many entrepreneurs and business owners are hoping and preparing for the best […]

Where Should I Keep My Will?

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  If you already created your own will without the help of an attorney, it’s still a good idea to have a lawyer review your document to ensure it’s in line with state laws. While a DIY will might seem like the easier route to go, the costs associated with making a mistake on a […]

When to Begin Asset Protection Planning

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Are you concerned about your assets being exposed to risks? Worried that your personal assets could be tapped through a lawsuit or through a creditor looking to close on a debt?  The best time to begin asset protection planning is long before any of these threats is on the immediate horizon. Every state has laws […]

Are You Living in One of the Most Expensive States for Long Term Care?

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Long term care costs could decimate your retirement planning if you don’t work out a plan to qualify for Medicaid in advance. Talking to an estate planning lawyer can help put you on the right path so that you or your spouse can tap into Medicaid sooner rather than later.  Many people don’t realize the […]

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