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Lancaster Law Firm
Minimize Estate Taxes for Your Heirs
Planning for the future involves more than accumulating wealth; it’s about securing a lasting financial legacy for your loved ones. Minimizing estate taxes is a critical aspect of this planning, as it directly impacts the assets you pass on to future generations. In Mississippi, individuals seeking to maximize their family’s inheritance can benefit from understanding...
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How to Budget for Long-Term Care Expenses
Long-term care is a subject many people avoid until they’re confronted with the reality of aging or an unexpected health crisis. While we all wish for a healthy and prosperous retirement, the increasing longevity of Americans means a greater likelihood of needing long-term care at some point. The problem? Long-term care can be expensive—devastatingly so—and...
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what is probate
Navigating the intricacies of estate planning can be overwhelming, especially when one encounters the term “probate.” For residents in Mississippi, understanding what probate is and, more importantly, how to avoid it, can make a substantial difference in ensuring a smooth transition of assets to heirs. Understanding Probate Probate is the legal process that takes place...
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Estate Planning Documents
Estate planning is not just about deciding who gets what when you’re gone. It’s a comprehensive process ensuring that your assets are protected, your family’s needs are met, and your wishes are respected during your lifetime and beyond. Here are seven fundamental documents that form the backbone of a sound estate plan: 1. Wills At...
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Legal Tips for Seniors
A Comprehensive Guide to Navigating Elder Law in Mississippi As we age, our priorities shift, and so do our legal needs. The realm of elder law, which focuses on legal issues impacting older adults, can be challenging to navigate, but it is essential to understand for those planning their future or the future of a...
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planning ahead for healthcare
As we age, it’s important to plan for the future, especially when it comes to long-term care and medical decisions. Long-term care encompasses a range of services, from assistance with daily activities to specialized medical care, and it’s crucial to have a plan in place to ensure your needs are met. Additionally, advance directives allow...
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How to Maximize Your Tax Deductions in Mississippi
*This information was accurate at the time of writing. However, tax laws and deductions change frequently. Please verify eligible deductions with your accountant. When it comes to taxes, everyone wants to maximize their deductions, and Mississippi is no different. With the right information and strategies, you can reduce your taxable income and minimize the amount...
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Estate Planning for Parents
Estate planning is a vital step in securing the future of your children, especially when they are still minors. As a parent, it’s essential to have a comprehensive estate plan in place that not only protects your assets but also addresses crucial aspects like guardianship, financial management, and inheritance for your children. In this article,...
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Estate Planning Mistakes
Estate planning is a crucial process that ensures your assets are protected and distributed according to your wishes after you pass away. However, many people make common mistakes that can have serious consequences for their loved ones. In this blog, we’ll discuss five common mistakes to avoid in estate planning, helping you navigate the process...
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Cory Lancaster - Elder Law Attorney
As an experienced estate planning attorney, I chose to specialize in elder law because I believe that this area of law offers a unique opportunity to make a positive impact on the lives of seniors and their families. Elder law is a complex and constantly evolving field that requires a deep understanding of a wide...
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