Palmer & Slay, PLLC discusses whether or not gifting is important under the current tax law.

Is End Of The Year Gifting Still Important Under the Current Tax Law?

When Congress tinkered with the tax law back in 2017, one of the things it changed was the amount of money an individual can pass on at their death without being taxed on it. The basic exemption was increased and indexed to inflation. In 2019, an individual may pass $11.4 million tax-free.  This has many […]

  • Posted on: Nov 25 2019
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Palmer & Slay, PLLC discusses why you shouldn't wait to create your estate plan.

The Waiting Is the Hardest Part

The proliferation of instant replay has brought sporting events into the digital era. It’s supposed to make officiating more accurate, but it also makes games longer and takes some of the thrill out of the crowd. The sound techs try to pump everyone up by playing “The Waiting” by Tom Petty, but the song is […]

  • Posted on: Oct 14 2019
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Palmer & Slay, PLLC discusses the best ways to estate plan for today's modern families.

Estate Planning for Today’s Families

What are the unique estate planning needs of non-traditional families? Today, the majority of families no longer consist of the traditional heterosexual married couple with 2.5 children. Far from the Cleavers, families today look more like the popular TV show “Modern Family,” which features a same-sex couple, second marriages, and adopted children. Americans who are […]

  • Posted on: Oct 9 2019
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Palmer & Slay, PLLC discusses two huge mistakes Jeff Epstein has made when creating his estate plan.

Two Big Mistakes Jeff Epstein Made When Crafting His Estate Plan

Jeffrey Epstein made a lot of mistakes in his lifetime.  In 2008, he pleaded guilty and was convicted by a Florida state court of soliciting a prostitute and of procuring an underage girl for prostitution. While investigating that case, federal officials identified 36 girls, some as young as 14 years old, whom Epstein sexually abused.  […]

  • Posted on: Sep 18 2019
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Palmer & Slay, PLLC discusses five benefits all veterans should take advantage of.

5 Unusual Benefits Veterans Should Take Advantage Of

Over the years, our firm has helped many Veterans in Rankin and Scott Counties get the disability benefits and improved pension income they earned and deserve. In that process, we have learned a great deal about hidden and unusual benefits that many Veterans do not know about. Below is a list of 5 of them […]

  • Posted on: Sep 12 2019
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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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