Access to Justice for Mississippi Consumers
LegalConsumer.com has been providing free tools and legal information to Mississippi consumers since 2006.
LegalConsumer.com has been providing free tools and legal information to Mississippi consumers since 2006.
In Mississippi, you can use an Affidavit if the estate is worth less than $12,500 and consists only of bank account and if there is no Will. Person claiming money must sign a bond guaranteeing to pay any lawful debts of the deceased up to the amount withdrawn.
There is a summary probate procedure for estates worth less than $500.
Mississippi, like most states, does not impose an estate or inheritance tax. Only a few states do.
No. Miss. Code Ann. § 85-3-2.
Property you own & occupy to $75,000; if over 60 and married or widowed may claim a former residence; property cannot exceed 160 acres; sale proceeds exempt
Mobile home (as personal property) to $30,000 (Mobile home does not qualify as homestead unless you own land on which it is located)
No specific exemption
In Mississippi, you can receive unemployment benefits for a maximum of 26 weeks under state law.
Mississippi does not have its own minimum wage law. Therefore, employees in The Magnolia State are entitled to earn at least the federal minimum wage, $7.25 an hour.
In Mississippi, your employer may pay you a minimum wage of $2.13 an hour, as long as you earn enough in tips to bring your total hourly pay up to the full minimum wage, $7.25 an hour. If you don’t earn enough in tips to bring your compensation to the full minimum wage, your employer must make up the difference.