Parham Estate Law

06/23/2026

What Is A Last Will?

A last will and testament is a legal document that outlines how a person wants their assets distributed after death, whether to family, charity, or others, and it also names an executor to manage the estate. Michael Parham explains that the document only becomes legally recognized through probate, when a judge officially admits it and authorizes the executor to carry out its terms.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham

06/23/2026

Many homeowners think a reverse mortgage will help their family cover costs after they pass away. The truth is that reverse mortgage credit lines lock up immediately upon death and the loan becomes due. If you want to protect your home and ensure your family has the cash they need for estate taxes, we need to talk. Contact our office to build a proactive estate plan.

Learn how the 2026 estate tax change affects homeowners with reverse mortgages and why heirs can’t use a credit line to pay estate taxes.

06/22/2026

Why Leave Litigation?

Early in his legal career, he worked in litigation but found the conflict driven nature difficult to enjoy. Michael Parham reflects on shifting toward estate planning and probate, where he focused on helping people with legal needs without adversarial sides. That path became the focus of his entire career.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham

06/21/2026

Many people believe a will avoids probate. Michael Parham explains that a will actually begins the probate process. Knowing the difference can help families make better estate planning decisions.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham

06/20/2026

Litigation Or Estate Planning?

After law school, he worked at a law firm handling litigation but quickly disliked the constant conflict and disputes between parties and attorneys. Michael Parham found greater satisfaction in estate planning and probate work, where the focus is helping clients resolve legal needs without adversarial tension. He then built his entire career around that area of practice.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham

06/18/2026

Bought your first home? Single Gen Z women should pair homeownership with an estate plan—at minimum a will, beneficiary designations, and powers of attorney—to make sure your house and finances go to who you choose and avoid probate headaches.

Despite purchasing what might now be their biggest asset, women are less likely than men to have any estate planning documents in place.

06/17/2026

What is the one thing doctors wish their older patients understood? The importance of Advance Directives. If you lose the ability to speak for yourself, your doctors need to know exactly who has the legal authority to make your medical decisions. Take the burden off your family. Send us a message today.

https://www.ama-assn.org/public-health/prevention-wellness/what-doctors-want-patients-know-about-end-life-care-planning

06/16/2026

Inheriting a home with a mortgage can raise important questions about ownership, loan obligations, taxes, and estate administration. Learn more about the financial and legal considerations that may affect your options as an heir.

In many situations when a family member passes away, beneficiaries inherit both a home and the mortgage that goes with it.

06/11/2026

Estate planning does not always require leaving equal inheritances to every beneficiary. Learn more about the legal and personal considerations that may influence decisions regarding unequal distributions in a will.

https://www.legion.org/information-center/news/planned-giving/2026/january/passing-unequal-shares-in-your-will

06/09/2026

Estate planning ensures your assets are distributed according to your precise wishes rather than being left to a probate court's discretion. A comprehensive plan protects your loved ones by naming guardians for minor children, minimizing tax liabilities, and preventing family inheritance disputes.

Learn why estate planning is essential for protecting assets, avoiding probate, minimizing taxes, naming guardians, and preventing inheritance disputes.