Planning for an adult child who struggles with finances, debt, or legal trouble means building safeguards into your estate plan. You can protect assets, control how and when distributions are made, and reduce the risk that an inheritance is lost to creditors, lawsuits, or poor decisions.

What Risks...

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Naming backup decision-makers helps prevent delays, disputes, and court involvement if your first choice cannot serve. Without a backup in place, decisions about your finances, healthcare, or estate may fall to someone you did not choose or require court intervention.

What Is a Backup Decision-Maker in Estate Planning?

When you move to a new state, your estate plan doesn't...

You have good reasons for leaving more to one child than another. Maybe one child...

Most estate plans are built around one question: what happens after you die. But...

A divorce changes more than your day-to-day life. It reshapes your financial future, your family structure, and the people who will make decisions for you if you can’t. Once the divorce is final, your estate plan deserves immediate attention. Old documents may still name your former spouse in key roles, leaving room...

• Key Takeaways
• A life estate deed lets you transfer ownership of your property to heirs now while retaining the right to live there for the rest of your life.
• When...
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Buying a home is one of life’s most exciting milestones. It’s also one of the largest financial investments most families will ever make. At Palmer & Slay, PLLC, we regularly remind our clients in Brandon and Rankin County that purchasing real estate isn’t just about closing day—it’s also about making sure...

Choosing who will receive your assets after you’re gone is one of the most personal parts of estate planning. While it might seem as simple as naming a few loved ones, there’s a lot to think about, both emotionally and legally. At Palmer & Slay, PLLC, we’ve helped many families in Mississippi...