In the event that you become incapacitated, it will be important for anyone you have named as a power of attorney agent to be able to make decisions on your behalf. If you are incapacitated, you are unable to make these decisions for yourself, but without appropriate estate planning documents, appointing someone else to do [...]
The end of the year will quickly be here upon us. Many people have already started their holiday planning, but you can't afford to neglect the opportunities that come with the burst of momentum to knock things off your to-do list and plan ahead for a successful 2020. Yearend financial planning sets you up for [...]
There's a good chance that if you've been active with philanthropy and charitable giving, that it's been a part of your life for as long as you can remember. But it might be time to adjust that strategy before and after retirement after speaking with a knowledgeable and experienced estate planning attorney. An estate planning [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
