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Posts Category - Estate Planning

Are All Trusts Living Trusts?

Are All Trusts Living Trusts?   The word “trust” gets used quite broadly, creating potential confusion. While a “living trust” is a widely discussed instrument for estate planning, it’s crucial to understand that not every trust is a living trust. Below our Clinton, MS. estate planning lawyers break down the key distinctions. So…Are All Trusts […]

Estate Planning When Facing a Nursing Home Transition

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Estate Planning When Facing a Nursing Home Transition The decision to place a parent in a nursing home rarely comes easily. Apart from the emotional toll, significant financial and legal adjustments are often necessary. While immediate well-being takes priority, it’s vital to safeguard your parent’s assets and long-term care needs with proactive estate planning. Estate […]

Leaving a Legacy to Your Nieces and Nephews: What to Know

Leaving a Legacy to Your Nieces and Nephews: What to Know and Why You Need a Will and Trust Lawyer If you share a close bond with your nieces and nephews, ensuring they’re included in your estate plan is natural. However, the laws of inheritance can complicate things, especially for younger beneficiaries. Leaving a Legacy […]

New Home Contract? Now’s the Time to Consider a Trust

New Home Contract? Now’s the Time to Consider a Trust You found your dream home and your offer’s been accepted – this is an exciting time! As you approach closing, your agent, attorney, or title company will ask how you’d like to hold the title to the property. New Home Contract? Now’s the Time to […]

Understanding Retirement Account Beneficiaries

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Understanding Retirement Account Beneficiaries Retirement accounts, such as 401(k)s and IRAs, are often significant components of your financial portfolio. But do you know who will inherit these funds when you pass away? It’s a crucial aspect of estate planning that deserves attention. Here, a Clinton, MS. inheritance lawyer offers expert insight into Understanding Retirement Account […]

Revising Your Estate Plan After an Heir Passes Away

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Revising Your Estate Plan After an Heir Passes Away The loss of a loved one not only brings emotional challenges but also it is so important to focus on revising your estate plan after an heir passes away. If the individual who passed away was an integral part of your plan, either as a beneficiary […]

Navigating Out-of-State Bereavement

Navigating Out-of-State Bereavement Losing a loved one is always difficult, and the challenge can be compounded when they pass away in a different state. If you’re facing this situation, it’s important to know that you may be able to manage many of their affairs from a distance. As your local will lawyer, we’re here to […]

Facilitating Family Discussions: Estate Planning Amidst Conflict

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  Facilitating Family Discussions: Estate Planning Amidst Conflict Estate planning often brings about crucial conversations about the future. When family dynamics are marked by tension or conflict, discussing your estate planning wishes can become even more challenging. However, clear communication is key to ensuring your plans are understood and respected. A Clinton, MS. estate planning […]

Why Setting Up a Trust is a Smart Move When Buying a New Home

Why Setting Up a Trust is a Smart Move When Buying a New Home Buying a new home is more than just a significant financial investment; it’s a key component of your overall estate. As you embark on this exciting journey, it’s crucial to consider how this asset will be managed, both now and in […]

Revocable vs. Irrevocable Trusts: Key Differences Explained

  Revocable vs. Irrevocable Trusts: Key Differences Explained  When it comes to estate planning, understanding the different types of trusts available is crucial. Revocable vs. Irrevocable Trusts: Key Differences are Explained by a Jackson, MS. estate lawyer. Two common types are revocable and irrevocable trusts, each with its own set of features and benefits. As […]

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