Having a child means big changes to your life whether you expected the addition to your family or not. Of course, if you weren't expecting a child, you may not have been thinking about the ways that having one might impact your estate plan. For example, you'll want to...
Baton Rouge Legal Blog
Estate Planning
Three important situations where advance directives are crucial
Life in Louisiana can be unpredictable. Sometimes, life's unpredictability can lead you or a loved one to become medically incapacitated. When incapacitation happens, it leaves someone unable to make decisions for themselves. Fortunately, advance directives help...
7 Key estate planning steps for a successful plan
Whether you live in Louisiana or elsewhere, estate planning is crucial. The process allows individuals to ensure their assets and affairs receive the management and care they desire after they pass away. While contemplating your passing may not seem pleasant, a...
Why you should periodically review your estate plan
Many Louisiana residents sit down annually with their financial planner or investment professional to review their economic progress. Yet sometimes, these same people rarely update their estate plans. Regular review of your estate documents is crucial to realizing...
Estate planning techniques for safeguarding your assets
Estates are like snowflakes: no two are exactly alike. But there are some tried-and-true techniques you can use to make sure your Louisiana assets are in the right hands when you’re gone. Here are a few tips to help your estate planning go smoothly: Communication is...
Steps for creating a living trust in Louisiana
Louisiana estate law allows for several methods you can use to efficiently transfer your assets to your heirs. One way to transfer your assets is the creation of a living trust. It involves creating a legal document through which you name beneficiaries to receive...
Mid-life estate planning tips
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...
What is per stirpes in Louisiana estate planning
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...
Four estate planning tips for high net-worth individuals
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...
What is estate planning, and what makes it beneficial?
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...