Putting Power(s) in Your Trust
We often use trusts in estate planning to avoid probate, provide effective management of assets, and to make controlled gifts to children or other family members. Trusts are most effective…
We often use trusts in estate planning to avoid probate, provide effective management of assets, and to make controlled gifts to children or other family members. Trusts are most effective…
Many people believe that, if their spouse goes into a nursing home, they will be left without sufficient assets or income to meet their own needs for support. However, Medicaid…
Families may be more satisfied with end-of-life care for loved ones dying of cancer when treatment is focused on comfort rather than aggressive treatment and provided outside of a hospital,…
Older adults face confusing decisions about benefits for financial and health care. One resource for information about such topics is the local Area Agency on Aging. Those offices throughout Mississippi…
Plaintiff Dawn Simonsen is a 57-year old quadriplegic requiring ventilator care. Her mother created two inter vivos (living) trusts for Dawn's benefit. The trusts contained the following wording: “The trustee…
The holidays might not seem like an ideal time for adult children to discuss serious issues with aging parents. A Wall Street Journal article a few years back suggested that…
About 1 in 9 people over 65 has Alzheimer’s disease. As noted in this article from Kaiser Health Network, the task of caregiving creates quite an unpaid burden on caregivers…
The recent White House Conference on Aging has now launched a one-stop link to aging resources. The website's address or URL, www.Aging.gov, is made to remember. The home page leads…
The Mississippi Grandparents’ Visitation Act, Mississippi Code Annotated section 93-16-3 (Rev. 2013), provides as follows: (1) Whenever a court of this state enters a decree or order awarding custody of…
As the parent of a child with disabilities, you may already know that you have to establish a trust to handle any inheritance you leave for your son or daughter.…