- 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... Continue reading…
- 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... Continue reading…
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...
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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...
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Getting married marks the start of an exciting new chapter. While much of your attention may be on planning the big day, it's also a good time to think about your future—financially, legally, and personally. One of the smartest moves you can make is to begin your estate planning before the wedding.
Estate planning involves a multitude of legal instruments that help individuals prepare for and plan their legacies. Trusts are a major component of a comprehensive estate plan, and they fall into two categories: inter vivos trusts (which are created and exist during a grantor’s lifetime) and a testamentary trust (created as part...
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Whether you are just now considering putting together your estate plan, or it’s been a while since you made yours and you need to review and update it, you have plenty of options. From law firms to websites and even customizable forms you can download, there is no shortage of individuals and...
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As we approach the mid-year mark of 2025, it’s important to assess one’s personal and family situations to determine if their estate plans are up to date. This is especially the case since new laws and regulations affecting estate plans may have gone into effect since the start of the year. Whether...
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Estate planning serves numerous goals, including determining how to distribute one’s assets after death, protecting wealth from creditors, preparing for potential incapacity, and providing for vulnerable loved ones. However, many people may also consider tax efficiencies during estate planning. An estate plan may focus on minimizing tax liabilities that could cut into...
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Estate plans should change over time to reflect your latest circumstances. As such, you may want to change parts of your plan as your family or financial circumstances change, such as getting married, having children, or acquiring new assets. An estate planning lawyer can guide you through the process of changing or...
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People indulge in spring cleaning to give their homes, offices, vehicles, and other frequently used spaces a good going-over and freshening. Spring is a great time to review and freshen your estate plan as well as your environment.
How would that work? Spring cleaning for your estate plan...
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