- Key Takeaways
- When someone dies without a will in Mississippi, the state's intestate laws - not your family's wishes - determine who inherits what.
- Mississippi law... Continue reading…
Navigating Veterans Affairs Benefits for Long-Term Care
70% of adults over the age of 65 will likely spend some time in a nursing home or need some other form of long-term care in their lifetime. And the likelihood of needing this type of care grows if you are a veteran.
Service-connected injuries...
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Creating a Letter of Intent in Special Needs Planning
There are things you know about your loved one with special needs that nobody else does. Things like the movies they like to watch when they are not feeling well, their favorite ice cream flavor, and how to motivate them to try something new or otherwise adjust their routine.
Is an Offshore Trust Right for Asset Protection?
An offshore trust can offer strong asset protection and added privacy, but it is not the right solution for everyone. Whether it makes sense depends on what you are trying to protect, where your assets are located, and how much complexity you are prepared to manage.
For some Mississippi...
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Disputes and Challenges in Joint Wills: How to Resolve Conflicts
Having estate planning goals that match your spouse is a good thing. Couples need to be on the same page when it comes to selecting a guardian for minor children, handling end of life care, and sharing their wealth with family members.
But there is a point where...
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What Is the Role of a Conservator in Elder Law?
Conservatorships have been in the news quite a bit over the last few years. It was revealed that former NFL offensive lineman Michael Oher, whose life story was the subject of the hit movie The Blind Side, was put under a conservatorship instead of being adopted by the Tuohy family. Britney...
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Special Needs Trust vs. ABLE Accounts
If you have a loved one with special needs, you are used to navigating an alphabet soup of acronyms and wading through the overwhelming amount of information thrown at you from healthcare providers and bureaucrats.
So it will probably not surprise you that there are a whole new set...
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Asset Protection Trusts and Divorce: Safeguarding Your Wealth
Most people in the state of Mississippi craft their estate plan with their spouse in mind. Your partner is typically your biggest beneficiary, your estate administrator, and the person you give power of attorney to. This is one of the reasons why it is so important to update your estate...
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Can a Beneficiary Challenge the Validity of a Will or Trust?
When Leona Helmsley (a real estate tycoon who once owned the Empire State Building) died, she cut two of her four grandchildren out of her will, and left $12 million to her dog. This caused a lot of trouble (which also happened to be the dog’s name) for her estate.
How Can I Fund a Special Needs Trust for My Loved One?
If you have a loved one with special needs you likely spend a lot of time just trying to get through the next day. The next doctor’s appointment. The next year. Thinking much further ahead is overwhelming.
But assessing your loved one’s long-term needs is something you must...
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