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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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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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.
If you have ever read The Firm, or seen the movie starring Tom Cruise, you have probably done a couple of things: 1. Tried a Red Stripe beer. 2. Imagined what it would be like to stash a bunch of cash in the Cayman Islands.
And you are not...
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When it comes to estate planning, creating a comprehensive living will is a vital step in ensuring that your healthcare wishes are honored in the event you become incapacitated. However, specific requirements for executing a living will vary from state to state. A living will can be notarized,...
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An outdated, incomplete, overly-complex, or poorly drafted will could cause your loved ones a lot of problems after you are gone. In our years following the probate dockets here in the Brandon, Mississippi area, the Palmer & Slay team has seen some really crazy stuff happen because of sloppy estate planning....
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- Key Takeaways
- A hastily handwritten will Larry King created near the end of his life is being contested by his wife, who argues it conflicts with their existing postnuptial agreements.
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,...
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