When someone dies without a will in Mississippi, the determination of heirship Mississippi is essential. This process identifies who inherits the deceased’s assets. Our guide explains the steps involved, from understanding intestate laws to filing necessary petitions and court proceedings. Key Takeaways Mississippi intestate succession laws dictate how deceased individuals’ estates are distributed among heirs, [...]
Understanding elder law Mississippi is crucial for seniors and their families. It covers estate planning, healthcare, and protecting assets from long-term care costs. This guide explains how Mississippi’s specific regulations impact these areas, ensuring seniors get the care and protection they need. Key Takeaways Elder law in Mississippi addresses critical issues for seniors, including estate [...]
Can Medicaid take your house for nursing home care? If you or a loved one need nursing home care and rely on Medicaid, you might be worried about losing your house. Yes, Medicaid can take your house after the recipient’s death to recover costs. This article explains the rules, exceptions, and strategies to protect your [...]
Wondering if you need an elder law attorney? These specialized attorneys help with legal issues affecting seniors, like long-term care planning, Medicaid, estate planning, and asset protection. This article explains the key benefits of hiring an elder law attorney for your family. Key Takeaways Elder law attorneys provide specialized legal support for seniors, focusing on [...]
The very definition of a revocable trust means that you are able to amend a living trust in a few different ways. You can, for example, prepare and sign a trust amendment form that is valid under your applicable state law. This makes an amendment or an update to the existing trust so if further [...]
Paper with text fiduciary duty on wood table. In your estate, a fiduciary has important legal responsibilities that must be addressed with the utmost level of care. Finding the right fiduciary advisor, who acts in a fiduciary capacity and is legally obligated to act in your best interests, is extremely important for protecting your interests [...]
In the first week of the first year of law school, every lawyer learns that property is “a bundle of sticks.” What this quaint saying means is that ownership of property can be divided into multiple sections. The most common example of this division of property rights is probably the severance of the “mineral” rights [...]
Do you have an annuity? Is this a financial tool you created for your own future but is something that was ultimately moved out of your possession/estate and into the management of a trust? An insurance company plays a crucial role in managing annuities, especially when they are owned by a trust. Read on to [...]
The Mississippi Court of Appeals recently ruled that real property that is “exempt” from creditor claims within a probated estate of a deceased Medicaid beneficiary, are not subject to Medicaid’s recapture rights. Federal law requires all states that participate in the Medicaid program to recover the costs of care of a beneficiary against that beneficiary’s [...]
In order to transfer someone’s assets after their death, their estate usually needs to go through probate. Probate is the process of transferring title from a deceased person to their successors and heirs, including the management of death real property. The probate process is overseen by a court. The primary two purposes of probate are [...]
