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Mississippi Estate Planning

Estate planning in Mississippi helps manage your assets and protect your legacy. Our attorney-drafted templates are quick and easy to complete.

intro Estate Planning

What is Estate Planning?

Estate planning involves creating documents that manage your assets during life and after death. Select a subcategory to find the most relevant templates.

Common Mississippi Estate Planning documents

  • Last Will and Testament — outlines how your assets are distributed after death.
  • Living Trust — holds assets during your lifetime and specifies distribution after death.
  • Power of Attorney — allows someone to make decisions on your behalf.
  • Living Will — expresses your healthcare preferences in case of incapacity.
  • Advance Directive — combines healthcare preferences and appoints a healthcare agent.
  • Probate Forms — facilitate the legal process of settling a deceased person's estate.

Estate Planning forms by State

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Similar documents: key differences

  • Power of Attorney vs. Healthcare Proxy — Power of Attorney is for financial matters; Healthcare Proxy specifically handles medical decisions.
  • Will vs. Living Trust — A Will takes effect after death, while a Living Trust is active during your lifetime.
  • Living Will vs. Advance Directive — Living Will focuses on healthcare wishes; Advance Directive can include appointing a medical decision-maker.
  • Durable Power of Attorney vs. General Power of Attorney — Durable remains in effect if you become incapacitated; General ceases upon incapacity.

  • Documents should be signed by you and may require witnesses or notarization.

  • Review how estate planning documents interact with each other to ensure consistency.

  • It's important to update your plans after major life changes, like marriage or divorce.

  • Select responsible parties and keep original documents in a secure location.

  • Ensure titles and beneficiary designations match your estate planning documents.

How to get started

Start in minutes with these steps.

  • Find a template or package that fits your situation.
  • Review the description, preview, and signing requirements.
  • Get full access with a subscription.
  • Complete it in the online editor.
  • Export or send: download, email, USPS mail, notarize online, or send for e-signature (Premium).

Practical tip

Don't hesitate to update your estate plan; life changes may affect your wishes.

FAQs

Estate planning helps manage your assets and ensures your wishes are honored.

Without a will, state laws will determine how your assets are distributed.

Yes, you can update your estate plan as your circumstances change.

A personal representative manages the estate according to the will's instructions.

A living trust can help avoid probate, but it's not required for everyone.

Glossary

  • Beneficiary - A person entitled to receive assets from an estate.
  • Estate - All assets and liabilities a person leaves behind.
  • Executor - Person appointed to carry out the terms of a will.
  • Intestate - Dying without a valid will, leading to state laws governing asset distribution.
  • Testator - A person who creates a will.
  • Trustee - Individual or entity managing a trust on behalf of its beneficiaries.
  • Healthcare Proxy - Person authorized to make medical decisions on another's behalf.
  • Assets - Items of value owned by an individual.
  • Probate - Legal process of settling a deceased person's estate.
  • Durable Power of Attorney - Authority given to someone to make decisions on your behalf, even if incapacitated.

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