Can You Use a Trust to Protect Property From Medicaid Recovery?
If you or a loved one may need long-term care in the future, you’ve probably heard about Medicaid—and possibly Medicaid estate recovery. After a Medicaid recipient dies, the state may seek to recover care costs from their estate.
The good news is that there are legal tools that may...
How a Living Trust Works in Louisiana
A living trust can offer a thoughtful way to manage your property during your lifetime and plan for the future. Many people use trusts to provide structure, keep their affairs organized, and prepare for the possibility of incapacity. In Louisiana, living trusts can be a valuable part of your estate plan when...
What Is the Best Way to Pass My House to the Next Generation?
Owning a home is one of the most significant financial and personal investments many of us make. Deciding how to pass it down to children or grandchildren can bring up a mix of emotions—pride, responsibility, and sometimes uncertainty. Louisiana law provides several ways to transfer real estate, each with different benefits and...
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...
