Category Archives: Estate Planning
4 things your executor should know
4 things your executor should know When creating your estate plan, you will provide crucial information to relevant parties, including the government and your executor. The state government allows testators to register information regarding the…
What is a springing power of attorney?
What is a springing power of attorney? A power of attorney is a useful estate planning document to give someone else control. For example, a financial or legal power of attorney would allow someone to…
Tactics for disinheriting someone
Tactics for disinheriting someone As you create your estate plan, you realize that you want to disinherit one of your heirs. Maybe the two of you are estranged and you simply haven’t spoken in years.…
The unique concept of “forced heirship” in Louisiana
The unique concept of “forced heirship” in Louisiana Parents don’t typically choose to leave their adult children out of their estate plan unless they believe they’ve given them sufficient advantages to make their way in…
How to prevent will contests
How to prevent will contests A will is a vital part of any estate plan. This document allows you to express your final wishes and pass your assets on to your loved ones upon your…
Why trusts should be part of your estate plan
Why trusts should be part of your estate plan Having an estate plan in place is essential for everyone, no matter how big or small their total assets may be. It’s a way to ensure…
Are your children ready to take over your business?
Are your children ready to take over your business? You’ve taken the sensible step to address your estate plan. You may be doing this for the first time or simply updating after some life changes.…
Talking to your parents about estate planning
Talking to your parents about estate planning Estate planning conversations with your parents (s) can be daunting, but they are necessary. You can help them with their plan. Of course, this doesn’t mean making major decisions,…
Do your heirs have to pay your debts?
Do your heirs have to pay your debts? An estate plan usually deals with distributing assets between heirs. Bank accounts will be divided, investments will be cashed out, family homes will be sold and the…
4 qualities to look for when choosing an executor
4 qualities to look for when choosing an executor Estate planning is a crucial measure in life, as it protects your hard work and loved ones. You need to include different documents in your estate plan, and…
