What is the Medicaid five-year look-back period?
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....
What traits should you look for in an executor in Mississippi?
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,...
3 signs your estate plan may need a review
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...
How does writing a will help your family after your passing?
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...
Should you write a will if you are young and healthy?
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...
A plan for life: 3 things to know about living wills in Mississippi
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...
The importance of long-term care planning before an emergency
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....
This year, resolve to get your estate plan in order
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...
Does Medicare help to cover long-term care costs?
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...
Who inherits if an adult dies without a will?
It is easy for responsible adults to convince themselves that they don't need an estate plan. They may assume that their loved ones already know what should happen with their property. However, conversations with partners and children years ago can be difficult for...