fbpx

By

Lancaster Law Firm
Estate Planning for Military Families & Veterans
Military families and veterans face unique challenges when it comes to estate planning. Whether it’s the nature of military service, frequent relocations, or specific benefits available to those who have served, it’s essential to understand how these factors can affect your estate plan. For Mississippi residents who are part of the military community or are...
Read More
Top 5 Estate Planning Mistakes to Avoid in 2024
Estate planning is a crucial step in securing your family’s future and ensuring that your assets are distributed according to your wishes. However, many people either put off planning or make common mistakes that can leave their loved ones facing legal hurdles, unexpected taxes, or family disputes. As we head into 2025, it’s more important...
Read More
Importance of Asset Protection
Protecting your assets in today’s world is more important than ever, especially for Mississippi residents facing unique risks and challenges. Whether you’re running a small business, managing property, or preparing for the future, unexpected financial hardships like lawsuits, creditor claims, or long-term care costs can quickly erode your hard-earned wealth. Without proper protection, even minor...
Read More
The Legal Aspects of a Family Business
Running a family business can be rewarding, but it also comes with unique legal challenges. From structuring the business to managing family dynamics and succession planning, it’s essential to ensure that all legal aspects are in order to protect the future of the business and maintain harmony among family members. Mississippi family-owned businesses, which form...
Read More
Long Term Care Planning Mississippi
As we age, planning for long-term care becomes an essential aspect of financial and estate planning. Long-term care refers to a range of services designed to meet personal care needs, such as assistance with daily activities like bathing, dressing, and eating. These services may be provided in various settings, such as at home, in assisted...
Read More
Estate Planning Tips for Entrepreneurs
Estate planning, often set aside by busy entrepreneurs, is crucial for safeguarding personal assets and ensuring the continuity of business operations after your departure. This proactive step not only protects your legacy but also provides peace of mind, knowing that your hard-earned achievements and those who depend on them are secure. For business owners, whether...
Read More
Mississippi Pet Trusts
For many of us, pets are cherished members of the family, providing companionship, love, and joy. But have you ever wondered what would happen to your furry friend if you were no longer able to care for them? A pet trust might be the solution to ensure their well-being after you’re gone. What is a...
Read More
Cybersecurity and Estate Planning
In today’s digital age, our lives are increasingly intertwined with technology. From social media accounts and online banking to digital photo albums and cryptocurrencies, our digital footprint continues to expand. As we integrate these digital assets into our daily lives, it becomes essential to include them in our estate planning. Digital assets encompass a wide...
Read More
tax implications of inheriting real estate
Inheriting real estate can be a significant financial boon, but it also comes with a variety of tax implications that can impact your financial situation. Understanding these tax implications is crucial for making informed decisions and effectively managing your inheritance. Proper estate planning can help mitigate these tax burdens and ensure that your loved ones...
Read More
Benefits of a Living Trust in Avoiding Probate
When planning for the future, ensuring that your assets are transferred smoothly to your loved ones after your passing is a crucial consideration. One effective tool for achieving this is the living trust. Unlike a will, a living trust can help your estate avoid probate, providing significant advantages for your heirs.  A living trust, also...
Read More
1 2 3 8