Giving money or property to a family member may seem like a simple decision at the time, but it can affect your Medicaid eligibility years later. The five-year look-back period allows Medicaid to examine certain transfers before you apply for long-term care coverage....
Selecting an executor is one of the most important parts of your estate plan. This person will manage your affairs after you pass away. They will oversee your estate, so choose someone with integrity, good judgment and strong organizational skills. In Mississippi,...
Many people create an estate plan and feel relieved to have it in place. That peace of mind is valuable, but it is worth remembering that your life does not stand still. As your family circumstances, financial situation and long-term priorities evolve, your estate...
Thinking about your own mortality is uncomfortable, but creating a will is one of the most caring acts you can perform for your loved ones. In Mississippi, having a properly executed will can spare your family significant stress, confusion and conflict during an...
You might think estate planning is something only older people need to worry about. However, creating a will in Mississippi while you are still young can provide many benefits. Life is unpredictable, and documenting your wishes early could spare your loved ones...
Planning for future medical care can feel uncomfortable, but many people want a clear voice in the decisions that impact their treatment. A serious illness or injury can leave someone unable to communicate, which can place a heavy burden on loved ones. A living will...
It depends on whether the individual retirement account (IRA) is paying out and how Mississippi treats it when you apply. The same account can either count fully against you or work differently depending on how it is set up. Here is what that means in plain terms. An...
People enjoying their golden years often hope to remain independent and stay in their homes. Some older adults enjoy the blessing of good health throughout their retirements. They remain capable of managing their own affairs and may live independently until they pass....
The start of a new year is often associated with fresh goals and renewed focus on what matters most in the eyes of each individual. While many resolutions center on health or finances, it’s important to understand that resolving to get your estate plan in order can be...
Retired adults often have more medical expenses than those in their prime earning years. Health challenges later in life are relatively common. Most people have insurance coverage through their employment, which means that retirement ends their access to private...