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Articles

What Is the Role of a Fiduciary in My Estate?What Is the Role of a Fiduciary in My Estate?

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There are many different terms associated with the administration of a trust, a will or an estate. One common example is the term fiduciary. This refers to an individual who has the legal obligation and power to act on behalf of someone else in situations that require honesty, trust and loyalty. Fiduciaries have a legal […]

Estate Planners See Increase in Requests from Clients

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If the pandemic taught us anything, it’s to be prepared for the unexpected. More people than ever used this opportunity to get on top of their planning. If you went though difficult issues related to your health or experienced this with a loved one in 2020 or 2021, it’s a good time to speak with […]

If I Create a Trust in MS Do I Still Need a Power of Attorney, A Will and A Living Will?

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Many different estate planning tools can be used to help you accomplish your goals and it is recommended that you sit down with a knowledgeable MS estate planning lawyer so that you have clarity over the goals you intend to accomplish and the strategies and tools that may be aligned with them. You might need […]

Can an Executor Resign After Court Appointment?

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An executor can be appointed in someone’s will, but this does not obligate them to serve in this role. An executor has the opportunity to decline this chance, and when you are choosing someone as your own executor you should be clear that they want to serve in the role in the first place. You […]

What Not to Include When Writing a Will

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Your will is the most basic component of your estate plan, but it doesn’t cover all your primary needs. In this official legal document, you can state a lot of things about your intentions, such as who you intend to take over as the executor of your estate and who you’d like to have the […]

Does Your Child’s Special Needs Trust Need a Tune-Up? Probably.

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If you have a Special Needs Trust in Mississippi, it may be time to give it some attention. Remember how satisfying it was setting up a trust for your child with special needs? You named a trustee and a successor trustee, signed the paperwork, and paid the legal bills, and then you rested easy at […]

How Has the Pandemic Impacted Retirement?

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Major changes in the world and current events always have the potential to impact retirement plans and schedules. Research has started to emerge indicating how some workers were forced into early retirement as a result of the pandemic. At the same time, those already in retirement were not able to enjoy their normal life since […]

What Is the Difference Between Estate Planning and Elder Law?

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“When should I start planning for long-term care?”

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One of the most frequently asked questions Mississippi elder lawyers receive is, “When should we start planning for long-term care?” The short answer is, “Long before you need it!” When it comes to your home, your health, and your finances, you want to be in the driver’s seat. That is why it is so important […]

How an Irrevocable Life Insurance Trust Can Be Used to Avoid the Estate Tax

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With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust allows you to pass on money to your heirs while avoiding both the federal estate tax, as well as any applicable […]

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