Louisiana law allows a person to sign authority that does not become effective immediately. Instead, the authority becomes effective only after the person experiences a legally established disability. Although this arrangement is commonly called a…
A person preparing an estate plan may want to exclude an estranged child, former friend or other relative who would otherwise expect an inheritance. Louisiana law often permits that choice, but the proper method depends…
Louisiana gives people substantial freedom to decide who will inherit their property. That freedom is not unlimited. Under Louisiana’s forced-heirship law, certain descendants are entitled to receive a minimum portion of a parent’s estate even…
A carefully prepared will provides instructions for distributing property, selecting an executor and, when appropriate, nominating a tutor for minor children. Even a valid will, however, can become the subject of a family dispute. No…
Trusts are often associated with wealthy families and complicated tax planning. In reality, a trust can serve practical purposes for families with many different levels of wealth. It can simplify the transfer of property, provide…
Many business owners hope that what they have built will remain in the family. They may envision a son or daughter eventually taking over operations, preserving the company’s reputation and carrying the family legacy into…
When a family member questions a will, the disagreement does not automatically become a successful will contest. Louisiana law generally permits people to decide who will receive their property after death—even when that decision disappoints…
Talking to your parents about estate planning can feel uncomfortable. You may worry that the conversation will sound intrusive, that your parents will think you are focused on an inheritance, or that your siblings will…
Living outside Louisiana does not prevent you from inheriting Louisiana property, serving as an executor, protecting your interest in a succession, or resolving a Louisiana trust or estate dispute. It can, however, make the process…
The short answer is that heirs ordinarily do not become personally responsible for someone’s debts merely because they are related to the person or named in a will. However, that does not mean the debts…