Historically, Louisiana residents in their 30s would be looking into starting their estate plans. By their 50s, it would just need yearly maintenance. However, studies show that middle-aged adults aren’t creating estate plans at that age. Less than 23 percent of...
If you are wondering if there is a way in your estate planning for the heirs of a person who preceded you in death for their family to get their share of the estate, the answer is yes. Using per stirpes instead of per capital allows a person in Louisiana to pass...
Individuals with a high net worth in Louisiana will want to be cautious when preparing their estate plans. Your choices can help your heirs receive more and help your estate pay out less in taxes. Protecting inheritances for heirs Depending on how you structure your...
Many people living in Louisiana work hard to accumulate valuable belongings. These belongings often include houses, cars, boats, stocks and other tangible goods. Unfortunately, no one can live forever to enjoy their accumulated assets. Estate planning makes sure that...
If you're considering your will or planning your estate in Louisiana, you're probably concerned with ensuring your assets are transferred in accordance with your wishes. The concept of a bequest is at the heart of this process. In estate planning, a bequest is a term...
Individuals who wish to create a strategy to help preserve assets and wealth may find that there could be various types of factors to address prior to choosing a path. In some cases, one might wish to know what tools are available to help safeguard assets by providing...
There are many in which one might face a need to relocate, whether this stems from a change of employment or a desire to move closer to family. Moving to a new state is a type of life change that might prompt a need to revisit one’s estate planning goals. Individuals...
One of the most difficult things to consider about life is its unpredictability. While you cannot predict what will happen even tomorrow, you can take steps that will allow you to have a certain level of control over sensitive matters that may arise in the future,...
With a new year underway, there may be many individuals who are establishing resolutions and seeking ways to promote a healthier future. While there may be various ways to achieve such a goal, reviewing estate planning goals could be just the path with which to...
Many individuals may feel there might be few greater joys in life than building and cultivating a healthy connection with their grandkids. Grandparents in Louisiana may also experience a desire to provide for the needs of their new family members, but they might not...