Shreveport Wills Lawyer

Shreveport Wills Attorney

Events like the Independence Bowl and the State Fair of Louisiana give Shreveport its local flair. Many people spend their entire lives here, working to gain assets for their families. It’s important to make sure those assets are distributed correctly with the help of a Shreveport wills lawyer.

Experienced Wills Lawyers in Shreveport

When creating a will, it is essential to work with trusted individuals who have experience. Ezell Law Firm, LLC, has over 40 years of experience creating legal documents for our clients. We’ve had lots of time to perfect our craft over the years, and we put that experience into making professional legal documents.

Why Make a Will?

Many people think that making a will is only for elderly people. However, there are several tangible benefits that come from making a will, including:

• Asset control. If you do not create a will, any assets you own will be transferred according to state law. This means you cannot control how your assets are distributed. If you make a will, you can dictate how much you want to give to each person depending on your preferences.
• Managing relatives. Louisiana succession law does not account for unique situations like estrangement. They only look at the relationship between you and the beneficiary. If you do not want to give assets to certain members of the family, you need to outline it in your will to prevent it from happening.
• Planning for children. Even if you are relatively young, your children can still benefit from a will. If you are injured or die while your kids are still minors, you can add a contingency plan in your will that outlines how they will be cared for and who is responsible for them.
• Quicken the procedure. An estate that does not have a will when the person dies is considered intestate. This means that it must go through the formal succession process. If you create a will, you are giving specific rules to your loved ones about how that process should go, which usually makes it faster.
• Avoiding excessive taxation. Your heirs might not be able to receive all your assets if they are subject to federal or state tax. By planning out your estate ahead of time and documenting it in a will, you can help your loved ones reduce the amount they need to pay in taxes once they receive your assets.

56% of Shreveport residents are under 18. A will can help them determine where you want your assets to go and make it easier for your children to retrieve them after you are gone.

Important Sections of a Will

A will is meant to outline what assets you have, who gets them, and who will manage the transfer. Beneficiaries are the individuals who will receive your assets. An executor is outlined in the will to manage the process.

If you have any debts, these should be listed in the will as well. These debts must be resolved before any assets are paid out and the estate is closed.

You also need to have witnesses. There are other rules that dictate the validity of a will that should be reviewed with an attorney prior to the creation of the document. If the will is not created accurately, it might not be considered during succession.

Why Hire a Wills Lawyer?

Many people are drawn to homemade wills due to their simplicity. However, a will is only one document that might not fully capture your estate. It is often part of a comprehensive plan that is most effectively drafted out with the help of an attorney.

An attorney can create wills as well as other legal documents to maximize your assets, including trusts. Other documents, like powers of attorney, are also helpful in giving people the right to control your estate if you can no longer do so.

Why Choose Us?

When you work with Ezell Law Firm, LLC, we handle your estate planning documents as professionally as possible. You’ll never have to wonder about the status of your will because we keep our clients in the loop. We also include all relevant elements of a will to ensure nothing is overlooked.

FAQs

What Type of Lawyer Do I Need for Wills?

The type of lawyer you need for wills is an estate planning attorney. They regularly create documents like wills, trusts, and estate plans. Attorneys can review your financial and family situations to create a document that works most effectively for all parties. This can save your family time, money, and stress.

When Should I Make a Will?

You should make a will once you have assets like a home or other forms of high-value property, like a car. You should also make a will if you have dependents who rely on your income or young children. A will can create financial security for your dependents and establish plans for your children.

Who Can Make a Will in Shreveport?

Who can make a will in Shreveport includes anyone who is 18 or older and is of sound mind. This means they must be able to make their own decisions and be aware of their implications. If the person is not considered to be of sound mind, then they cannot make a will for themselves.

What Should Be in a Will?

What should be in a will includes a list of all the assets you have, as well as any debts. It’s also important to assign someone to control your estate and make sure your assets are divided out after your death. This person is called the executor. If you have any digital assets, such as cryptocurrency, you should include login information to ensure access.

Get Help With Complicated Legal Documents

19% of Shreveport residents are 65 or over. If you are one of these individuals without a solid will in place, you are leaving your family without a plan. Schedule a consultation with Ezell Law Firm, LLC, to learn how we can protect your family after you’re gone.