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Posts Category - Tax Planning

Hidden Wealth: Planning for Mineral Rights

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Hidden Wealth: Planning for Mineral Rights in Your Jackson, MS. Estate Plan Many Americans unknowingly own mineral rights, or have the potential to inherit them. Mineral rights can be a valuable asset but their unique nature requires careful planning. These rights encompass resources like oil, gas, precious metals, and more. Even if you don’t live […]

Planning for Embryos

Planning for Embryos: How to Ensure Your Wishes are Legally Honored in Your Jackson, MS. Estate Plan Starting the IVF process opens a world of excitement and hope for many couples. But amidst the anticipation, a sometimes uncomfortable reality emerges: what happens to the remaining embryos or genetic material if one or both parents die? […]

Family Tensions and Healthcare Decisions

Family Tensions and Healthcare Decisions: How a Jackson, MS. Will and Trust Lawyer Can Help Sadly, family feuds are more common than we’d like to admit. These family tensions and healthcare decisions can become incredibly stressful and even more so when one family member experiences a health crisis. If you’re remarried and your adult children […]

Stepping In: What to Do as Trustee When Your Loved One is Hospitalized

Stepping In: What to Do as Trustee When Your Loved One is Hospitalized Being named a trustee is an important responsibility, but sometimes life throws unexpected situations your way. When a loved one is hospitalized and you have to step into the trustee role, you might feel overwhelmed and uncertain about what lies ahead. Here’s […]

Passing Down Your Stocks: Strategies for a Smooth Inheritance

Passing Down Your Stocks: Strategies for a Smooth Inheritance Incorporating stocks and other investments into your estate plan requires careful consideration to ensure your hard-earned assets are transferred smoothly to your loved ones. There are several ways for Passing Down Your Stocks: Strategies for a Smooth Inheritance, each with its own advantages and potential tax […]

Estate Planning with Bickering Kids? Minimize Conflict and Keep the Peace

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Estate Planning with Bickering Kids? Minimize Conflict and Keep the Peace As a parent, you want nothing more than for your children to get along. But the reality is, sibling relationships can be complex and sometimes fraught with disagreements. When planning your estate, facing the prospect of your children arguing about your legacy is incredibly […]

Estate Planning for a Longer Hospice Journey: What You Need to Know

Estate Planning for a Longer Hospice Journey: What You Need to Know Hospice care offers comfort and support during a serious illness, focusing on quality of life rather than curative treatment. While it’s often associated with end-of-life situations, a hospice stay can last for months or even years. This highlights the importance of  flexible Estate […]

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 […]

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