Business Law

Succession planning for successful businesses.

• Liquor Licenses

• Business Successions
• Buying & Selling
• Closely Held Businesses
• Corporations
• Directors' & Officers' Liability
• Franchising
• Joint Ventures
• Limited Liability Companies (LLCs)
• Mergers, Acquisitions & Divestitures
• Nonprofits & Tax-Exempt Corporations
• Partnerships
• Professional Corporations
• Public Offerings

• Breach of Contract
• Contract Disputes
• Contract Drafting & Review
• Employment Contracts
• Franchises
• Non-Compete Contracts
• Secured Transactions
• Uniform Commercial Code

Wills, Trusts & Estates

Estate, asset protection, and business succession planning. Administration of estates after death.

• Charitable Giving
• Charitable Trusts
• Drafting Trusts
• Drafting Wills
• Estate Administration
• Estate Planning
• Living Trusts
• Living Wills
• Probate
• Asset Protection
• Guardianship
• Power of Attorney
• Business Succession Planning
• Special Needs Trust
• Supplemental Needs Trust
• Revocable Trust & Irrevocable Trust

MS, Aug 1983
Bar Number: 5779

Mississippi Supreme Court and the courts there under.

Member of the Mississippi Bar (Business Law, Estates and Trusts and Taxation Sections), Hinds County Bar Association, Mississippi Financial Planning Association (past President and At Large Board Member), Mississippi State University Estate Planning Counsel, National Academy of Elder Law Attorneys, Estate Planning Council of Mississippi, National Association of Estate Planners & Councils, National Association of Insurance and Financial Advisors, Wealth Counsel Member, Advisory Board MSU Insurance Department, and InKnowVision Institute, former member of Board of Directors of the YMCA Metropolitan Jackson, and former member of the Executive Committee of the Millsaps Estate Planning Council, Belhaven Estate Planning Counsel, and the Mississippi Tax Institute. Named to the 2008 Honor Roll of the Mississippi Association of Insurance and Financial Advisors.

Teach continuing legal education and also goes to out of state for specialized programs. A frequent speaker on Estate Planning and Taxation.

Some of the Speaking Engagements: Broadmeadow Methodist Church on Revocable Trusts (1987); Briarwood Methodist Church on Estate Planning (1988); the Mississippi Chapter of the Certified Public Accountants on IRA Distributions; the Mississippi State Bar Taxation and Estate Planning Sections on Deferred Compensation; the Mississippi State Bar Taxation and Estate Planning Sections on Ethics; the Financial Planning Association of Mississippi on Estate Planning; the Financial Planning Association of Mississippi?s Annual Symposium on Family Limited Partnerships; the Mississippi Section of American Express Financial Advisors on Family Limited Partnerships, the Mississippi Section of American Express Financial Advisors on Estate Planning, and the Mississippi Section of American Express Financial Advisors on Professional Trustees; the 2000 annual meeting of Paleveda and Rome, PLLC in Miami, Florida, on Deferred Compensation; the Jackson Tax Institute on Deferred Compensation; John Hancock, Mississippi Division on Defined Benefits Plans under 412 (i) and the 2001 Tax Act, July 16, 2001; Integrating Retirement Plans into the Estate Planning Process in Mississippi on August 22, 2001 for Lorman Educational Services; Estate Planning for the National Business Institute; Family Limited Partnerships for the National Business Institute; Trust and Asset Protection Alternatives in Mississippi, October 22, 2002 for the National Business Institute; Family Limited Partnerships in Mississippi on October 29, 2003 for the National Business Institute; The Complete Trust Workshop on October 24, 2002 for Professional Educational Systems Institute; Annual Charitable Giving Conference at University of Southern Mississippi on December 2, 2003 on Charitable Giving and Wealthmanagement; Mississippi Probate: Beyond the Basics for National Business Institute (2004); General Estate Planning at Pear Orchard Presbyterian Church (March 16, 2005); Health Care Directives at Briarwood Methodist Church (2005) and Asset Protection Techniques in Mississippi (May 15, 2005 and July 22, 2005); MSU Insurance Day, Panel Member; InKnowVision Institute, Chicago on Charitable Income Limited Partnerships, November 2007; Mississippi Association of Insurance and Financial Advisors, Basic and Advanced Estate Planning December 6, 2006 and January 17, 2007, on Wills, Trusts, Asset Protection and Family Limited Partnerships; Business Insurance, Mississippi Association of Insurance and Financial Advisors 2007 Annual Convention; Estate Planning at Southern Farm Bureau, May 8-9, 2007; Estate Planning at Christ United Methodist Church, October 17, 2007; Estate Planning at Southern Farm Bureau, April 25, 2008; Estate Planning, NAIFA CE Extravaganza December 3, 2008; Estate Planning, NAIFA CE Extravaganza January 14, 2009; PAT the 3 Headed Dragoon, December 2008, Jackson, Ms. and January 15, 2009 Natchez, Ms.; National Business Institute, Estate Administration Procedures: Why Each Step is Important, July 24, 2009.

Walt has published articles in the Mississippi Hospitality and Restaurant Association Magazine on Estate Planning; Payroll Tax Credits and Employee Matters; Delta Business Journal, Update on Proposed Death Tax Elimination Estate Planning; Delta Business Journal, Estate Planning; Delta Business Journal, Retirement Planning; To Be or Not To Be in the Metro Business Chronicle. Metro Business Chronicle, January 2006, on Bonus Depreciation in the Go Zone; Southern Maturity on Reversible Trusts 2008.

Client had a $20 million estate with the main asset being a corporation throwing off good dividends. His estate was going to be $30 million in less than 5 years and then grow from there. At a 50% rate his estate tax was going to be about $15 million. We were able to move all of the stock to a trust which listed the client as the primary beneficiary. The assets in the trust were out of his estate for estate tax purposes. The $15 million in estate taxes were saved!

Client had valuable land he wanted to protect. We moved the land into a partnership and set up the ownership for creditor protection. The client was forced to default on other loans from the business cycle. The land in the partnership was protected and the client used that land to start over. The client has now recovered and is doing well.

3

Mississippi

We are focused on the client. We listen and learn what the client wants to do and guide the client to the solutions.

I have been in this practice since 1986. In 2006, we opened the doors of our new location beside the sunny banks of the Pearl River. Many of our clients have been with us for over 20 years.

After a brief practice time in Dallas, Texas, I decided to come back home and develop an estate planning practice in Mississippi. I was fortunate to join the premier tax and estate planning firm as that time. I joined a larger firm to develop an estate planning practice section which was accomplished. After that, I decided that an estate planning practice is best practiced in a small office setting.

Bonnie Childers

(800) 861-1498

Monday through Friday
8:00 a.m. to 5:00 p.m.

Yes

Oxford, MS
2086 Old Taylor Place
Suite 202
Oxford, MS 38655
(662) 234-2330

We offer a fixed price for many services, especially in the estate planning area. We will quote a price based on the level of assets. Specific pricing can be found on our web site. Other matters are based on hourly rates.

Senior Attorney - $300; Junior Attorney - $195; Client Service Director - $145.

Yes, as long as it takes.

No.