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Articles

What Makes Post Retirement Planning Unique?

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Most people are well aware of the fact that they need to plan for retirement. If you thought just figuring out how much to invest into your retirement plans was difficult, just wait until it comes time to consolidate all of the income streams within your retirement plans. The three primary issues associated with pre-retirement […]

Are You Self-Insured for Long Term Care Events?

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Without any specific plan in place, such as how you’ll qualify for Medicaid or a long term care insurance policy, you are said to be self-insured for long term care events. Recent studies have shown that up to 80% of women aged 65 and above and 60% of men in the same age category will […]

How to Prepare to Get the Affairs of An Adult Child in Order

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If you have recently been appointed as a power of attorney for an adult child who is suffering from serious health issues, it is important to think about all of the different aspects of their care that might require you to step in. A power of attorney enables you to make decisions or take actions […]

New Study Identifies Challenges in Estate Planning After the Pandemic

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The pandemic represented a seismic shift in the way that many people view their estate plans. Those who did not have documents like powers of attorney and will in place flocked to estate planning lawyers to create these, but other factors have made estate planning more challenging in recent years. The main areas of risk […]

What to Know About Financial Losses from Gray Divorce

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Gray divorce, which refers to the number of adults age 50 and above deciding to end their marriages has increased by over 109% in the last quarter of a century. There are many different reasons contributing to the rise in gray divorce. The couple’s purpose can change when adult children move away, new opportunities are […]

Court Case Illustrates the Danger of Using an Online Power of Attorney Form Auto Draft

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Many Mississippians are wondering if online forms for a Will or Power of Attorney will suffice. A recent court case involving a power of attorney demonstrates the problem with using online estate planning forms instead of hiring an attorney who can make sure your documents are tailored to your needs.   Mercedes Goosley owned a […]

What Kind of Goals Can I Achieve with an Estate Plan?

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Most people are under the impression that estate planning is all about distributing your assets after you pass away or believe that it’s only for extremely wealthy families. However, all individuals and families can benefit from creating an estate plan. By ensuring that you have a comprehensive estate plan aligned with your needs, you are […]

What Is a Durable Power of Attorney for Finances?

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A durable power of attorney maintains control of the property, legal and financial matters that are spelled out in the agreement even after the principal or the creator of that document becomes mentally incapacitated. A durable power of attorney enables someone to pay medical bills on behalf of the principal but decisions related to the […]

What Role Does Your 401(k) Play in Your Retirement and Your Estate Planning?

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Younger Adults Now More Likely to Have a Will, According to Survey

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Mississippians, young and old are now more likely to have a Will. A new survey has found that motivated in part by the coronavirus pandemic, younger adults are now more likely to have a will than middle-aged adults. Nevertheless, the overall percentage of Americans with a will has dropped over the past several years.   […]

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