A Prairieville homeowner may consider a trust for privacy, succession avoidance, or continuing management for children. The decision should account for the work required to fund and maintain it.
Field Law helps Prairieville families choose, create, and fund trusts under Louisiana law.

A trust may provide privacy, management, beneficiary protection, or succession avoidance.
The settlor must select a trustee and complete the transfers needed to fund the trust.
A trust is not automatically better than a will. Its benefits should justify the drafting, funding, recordkeeping, and administration it requires.
A trust generally controls only property transferred to it or made payable to it. Real estate may require a new deed, while financial institutions may require their own forms.
The plan should address authority, successor trustees, records, compensation, beneficiaries, and termination. Visit our Louisiana trusts page.
A properly funded trust may keep trust-owned assets outside succession.
Often, but the deed, mortgage, insurance, tax effects, and trust purpose require review.
Choose someone who can follow the document, keep records, communicate, and act impartially.
Explore Field Law’s estate planning, wills, trusts, elder law, probate, and succession services for Prairieville families.
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