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Palmer & Slay, PLLC discusses how you can become a guardian for an elderly loved one.

Becoming a Guardian for an Elderly Loved One

What Is the Role of a Guardian in Mississippi? As more Americans are living longer, the number of seniors who will eventually become unable to care for themselves is increasing.  If you have a loved one who is struggling to manage their affairs, whether it is due to dementia or advanced age, you may wish […]

  • Posted on: Aug 23 2019
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Palmer & Slay discusses how Aretha Franklin's family found her will under a couch cushion.

Aretha Franklin’s Family Finds Mysterious Will Under A Couch Cushion

Aretha Franklin was a diva. She demanded an upfront payment in cash before she would perform. She would walk off the stage if she thought the room she was singing in felt air-conditioned. And as we previously blogged, her funeral lasted several hours and included multiple changes of clothes and 100 pink Cadillacs.   She […]

  • Posted on: Jul 30 2019
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Palmer & Slay, PLLC discuss how to create a special needs trust for your loved ones.

Creating a Special Needs Trust for Your Disabled Loved One

What are the benefits of a special needs trust as opposed to a traditional trust? A special needs trust is a unique type of trust intended to benefit adults or children with a mental or physical disability.  For families with a disabled loved one, a special needs trust offers a means of setting funds aside […]

  • Posted on: Jul 25 2019
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The Benefits of Hiring an Elder Law Attorney for Medicaid Planning

While there are a number of benefits to hiring an elder law attorney to assist with Medicaid planning, many seniors fail to do so. Unfortunately, this often results in unexpected problems and missed opportunities to take advantage of the many benefits offered by Medicaid. Below are some of the benefits of hiring an elder law […]

  • Posted on: Jun 30 2019
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Questions to Ask Yourself before Beginning the Estate Planning Process

Before beginning the estate planning process in Mississippi, there are several questions you should ask yourself, including: What should I put in my will? Who will act as my children’s guardian?  Who will be the executor of my estate? Do I need a power of attorney? Should I establish a trust for my children? If […]

  • Posted on: Jun 28 2019
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What Elders Need to Know About Medicare

Most people over the age of 65 in the United States are eligible for Medicare. However, if you’re unfamiliar with Medicare, it can be quite confusing. Below are some things that all seniors in Mississippi need to know about Medicare. Don’t skip Part B coverage Those who sign up for Medicare have the option of […]

  • Posted on: May 27 2019
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What is a Pet Trust?

Many pet owners view their pets as a part of the family, which is why they often worry about how their pets will be cared for after their passing. Given this concern, it is common for pets to factor into the estate planning process in Mississippi. An excellent way to ensure that a pet will […]

  • Posted on: May 16 2019
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What is Medicaid’s Spouse Allowance?

Individuals whose husbands or wives have been admitted to a nursing home often worry that they’ll be left without sufficient income or assets to meet their support needs. Fortunately, as is detailed below, Medicaid law accounts for this situation by providing assets and income allowances to the spouses of nursing home residents. The details Medicaid’s […]

  • Posted on: Apr 25 2019
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Estate Planning Considerations for Seniors with Young Children

Nowadays, it’s not uncommon for seniors to raise young children. There are a number of reasons for this. For example, many people today have kids later in life, resulting in situations in which individuals approaching retirement age still have children they must take care of. Also, many seniors raise their grandchildren when their own children […]

  • Posted on: Apr 25 2019
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Do I Need A Gun Trust?

Does your family own guns? In other parts of the country this might be a loaded question, but in our neck of the woods the answer is likely “yes, of course.” Sport shooting and hunting are a way of life in Mississippi, and guns are often treasured possessions that are passed on from one generation […]

  • Posted on: Mar 15 2019
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