During the pandemic, when everyone was spending more time at home than usual, many people rediscovered or picked up a new hobby. Some people baked bread. Others learned a language. More than a few people started trading baseball cards.
While many have given up their sourdough starter, baseball cards...
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If you have ever seen a movie or tv show where a family gathers to hear an attorney read a deceased loved one’s will aloud, you know what the Hollywood version of estate administration looks like. In reality, there is no dramatic family gathering in a black-draped parlor where family secrets are...
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While most estates take much less than a year to probate and administer, it has taken 15 years to settle the estate of James Brown. The Godfather of Soul died with an estate plan in place, but there were questions about his marital status, number of children, and the rights...
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It has been five years since the death of Prince, and his estate is still unsettled. Nevertheless, a new album of his music was released this summer, and an exhibition of hundreds of pairs of his custom shoes opened at Paisley Park. Would the notoriously particular and private musician appreciate these...
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Senator Russell B. Long once noted that a tax loophole is "something that benefits the other guy. If it benefits you, it is tax reform.” At Palmer & Slay PLLC, we tend to agree. We work hard to reduce the estate taxes paid by families in the Brandon, Mississippi area not by...
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Setting up a joint account at your local bank is a quick and easy process. They are so easy to create that few people appreciate how completely they can destroy a carefully crafted estate plan. The Palmer & Slay, PLLC team wants everyone in the Brandon, Mississippi area and beyond to...
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Nobody thinks their loved ones will end up addicted to drugs and alcohol. It seems like a problem that other families deal with. Something that could never happen to the people you love. But the truth is many families have a loved one that struggles with substance abuse.
At...
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It seems like we are supposed to plan for so much these days. We plan for retirement. We plan for college tuition costs. These are, at least, the things we try to plan for and save for. Did you know that long-term care planning should be included as you look towards the...
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Estate planning is about so much more than planning for how your assets will be distributed after you pass away. It is also about putting critical legal protections in place that can be very important during your lifetime. Aging can present some difficult and legally complex situations that can be made...
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Over the past few years, cryptocurrencies like Bitcoin, Ether, and even Dogecoin have become increasingly popular. People are using them as a substitute for hard currency like U.S. dollars, and holding them as assets they hope will appreciate in value. As their use becomes more widespread, it is important to start incorporating...
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