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Oklahoma storms have increased interest in home storm shelters

Seeing images of the almost unimaginable destruction from the tornado in Moore, Okla., has prompted a lot of people to make inquiries into building a storm shelter in their home. While there isn’t currently any money from the Federal Emergency Management Agency to help pay for storm shelters in Mississippi, Mississippi Emergency Management Agency Director Robert Latham advises state residents ...

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Singing River Mall going open air with new multi-million facelift

Change is coming to Singing River Mall in Gautier. Elements are being put in place to turn the aging traditional enclosed mall into an open air lifestyle shopping center in this city of 19,000 which draws shoppers from surrounding Jackson County. No construction start date has been named for the multi-million-dollar project. “There’s no definite date at this time because ...

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Division of Underwood Properties provides third-party real estate services

At age 28, Micah McCullough likes what he’s doing and sees a bright future in it. He’s vice president and broker associate of Jackson-based UCR Properties, a division of the Underwood Companies. He helped start UCR Properties in 2009 to provide third party real estate services. “My day-to-day responsibility is overseeing our third party and company owned commercial real estate ...

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Forward-thinking power companies transform “disruptions” into opportunities

The Edison Electric Institute has warned that “disruptive challenges” caused by recent technological and economic changes could result in considerable impacts to the electric utility industry. But forward-thinking power companies will be able to transform ‘disruptions’ into opportunities that will result in earning a reasonable rate of return, said Steven Scheurich, vice president of service delivery for Entergy. The utility ...

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Internet connectivity is up in rural areas but need is still there

Internet connectivity is spreading through rural Mississippi but there is still work to be done. Internet access needs can vary widely and adoption of this connectivity still remains a hurdle, say groups working on these challenges. The governor’s office and the Mississippi Broadband Connect Coalition could not give a figure for the percentage of the state still without broadband access. ...

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How to benefit from modest estate planning

While only the wealthiest individuals need to invest in “Cadillac” estate planning for the purpose of minimizing estate taxes, many others can benefit from estate planning more on an economy car level. People who need estate planning that might include complicated trusts are those with assets in excess of $5.25 million for an individual or $10.5 million for a married ...

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Bank vaults have changed with the times but are still tough

The old Hollywood stereotype of a bank vault filled with stacks of cash protected behind a massive door is mostly going by the wayside. Instead of keeping large cash inventories in one place, banks spread the money around to branches or wherever else customers need it. That reduces risk and the cost of maintaining a cash inventory, giving the bank ...

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TROTTER: Spenders and savers are linked by asset conservation

For this article, we will discuss those areas of estate and financial planning for the age group I will refer as “age 50 and older.” Obviously, we’re dealing with a wide age span for people in this group that pairs those of the World War II generation along with the Baby Boomer generation that followed behind. And, it is an ...

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Organization keeps planners, advisers up to date on regulatory changes

Keeping members up to date with changes that affect their profession is a large part of what the Mississippi Chapter of the Financial Planning Association does. Members and other professionals gathered recently to earn four hours of continuing education credits as they learned how changes in the regulatory landscape will affect them. More quarterly forums are being planned for the ...

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It’s time to take stock of your financial situation

The best advice is worth repeating until people take it to heart and follow it. For your waistline, it’s something like, “eat less, exercise more.” The best advice for your wallet might well be “spend less, save more.” Nancy Lottridge Anderson, a chartered financial analyst, offers advice to clients at New Perspectives Inc., her investing service and financial planning firm ...

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