Estate Planning

Advance directives are legal documents that outline your preferences regarding medical treatments or appoint someone to act on your behalf in making medical decisions. These documents are called “advance” directives because they are prepared beforehand to ensure that your healthcare providers know your wishes regarding medical care. However, while these documents are critical to have,…

Although many people tend to believe that estate planning is only for the wealthy, the truth is that almost everyone has an estate. This is because an estate refers to anything you own, including your home, motor vehicle, investments, personal property, and financial accounts. What’s more, a solid estate plan can do more than just…

Louisiana offers various estate planning options, including irrevocable trusts, which are widely used for asset protection and tax planning purposes, regardless of income level. It is worth noting that there are different variations of these trusts available, allowing individuals to choose the one that best suits their specific needs. What Exactly Is an Irrevocable Trust?…

If you are considering creating an estate plan in Louisiana, you likely have numerous questions about your options and which plans will best protect your family and assets. However, when you work with an experienced Louisiana estate planning attorney, you do not have to figure out these answers alone. Instead, these legal professionals can decide…

When it comes to estate planning, you have numerous options. For instance, you may decide to create a trust, a type of legal arrangement that helps individuals manage and distribute their property, either during their lifetime or once they pass away. However, what you may not realize is there are actually different types of trusts…

Probate is a legal process where the court oversees the administration of an estate. This process usually involves validating an individual’s Last Will and Testament, distributing assets to the proper beneficiaries, and satisfying debts. If there is no Will, probate is the general administration of the decedent’s estate according to the state’s laws. In Louisiana,…

If you are an adult and have to care for a parent, you may have to figure out their housing arrangements at some point. While the ultimate decision will likely be your parents, there is some research that may help you with these choices and assist you when it comes time to make a decision…

When caring for a new baby, the last thing you want to think about at this time is an estate plan. However, it is worth taking the time to talk to an estate planning attorney about your options. As a new parent, the primary benefit of an estate plan is to ensure your child is…

Many believe estate planning is only necessary if they are married, have children, or possess significant wealth. However, regardless of age or relationship status, estate planning is crucial. Even if you do not have a spouse or children, if you pass away without a plan, your assets will be distributed according to the court’s discretion….

A personal representative in Louisiana, also known as an executor, administrator, or succession representative, is responsible for collecting, preserving, and managing succession property according to state laws. During this succession, the personal representative will be treated as owning all of the property and having the right to enforce all the succession debts. However, because every…