Planning for Special Needs: Ensuring Care for Loved Ones
If you have a child or other family member with special needs, you can appreciate the importance of diligent planning to look after your loved one. This includes provisions you make as part of your estate plan. Although each estate plan must take into account the planner’s unique circumstances, this is especially...
Considerations When Choosing a Trustee
Contrary to popular belief, trusts are not reserved exclusively for the wealthy and offer a number of tax and other advantages. Establishing a trust is a critical step in developing a personalized and comprehensive estate plan. Selecting a trustee is a necessary component in setting up your trust, and the person you...
The Role of Trusts in Estate Planning: Types and Benefits
Trusts are one of the most flexible tools available when it comes to estate planning. They allow you to maintain control over your assets, reduce taxes, and ensure your wishes are carried out after you’re gone. Whether you’re looking to protect your wealth or provide for a loved one, trusts offer...
How to Minimize or Simplify Succession: Strategies for a Seamless Transfer of Assets
Succession (Louisiana’s term for probate you hear in other states) can feel like a complicated and lengthy process, especially when it comes at a time when families are already dealing with loss. With the right planning, however, there are ways to make things easier for your loved ones. By taking steps...
Revocable vs. Irrevocable Trust
When it comes to estate planning in Louisiana, trusts can be valuable tools for managing your property during your lifetime and ensuring it is distributed according to your wishes after your death. Two primary types of trusts are revocable and irrevocable trusts. Each has its unique features and benefits, and understanding...
The Impact of Marriage and Divorce on Your Estate Plan
Life changes, such as marriage and divorce, significantly impact your estate plan. Whether you're newly married, considering a prenuptial agreement, or going through a divorce, it's essential to adjust your estate plan to reflect your new circumstances.
Marriage: Updating Your Estate Plan for Your New Life
How To Appeal If the VA Denies Your Claim
Receiving a denial notice for your VA claim can be disheartening, but it's important to remember that you have options. The appeals process provides veterans with the opportunity to challenge the VA's decision and potentially secure the benefits they deserve.
Understanding the Decision
10 Questions to Ask a Tax Attorney
Consulting a tax attorney is a wise move if you’re facing complex tax issues or seeking professional guidance on tax matters. However, it’s crucial to ask the right questions during your initial consultation to ensure you’re getting the advice and representation you need. Here are ten essential questions to ask a...
Estate Planning For Small Businesses In Louisiana
Estate planning assists with the seamless transfer of assets and continuity of your business. Whether you are an entrepreneur planning for the future, a legal advisor, or a family member involved in a family-owned business, understanding estate planning and having a robust plan in place will go a long way toward...
Understanding Forced Heirship in Louisiana Estate Law
The principle of forced heirship sets Louisiana apart from other states, impacting how assets are distributed upon death. Understanding the principle of forced heirship is necessary for anyone involved in estate planning or administration within Louisiana, as it significantly impacts the distribution of assets and the drafting of wills.
