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Is a will the only way to give assets to beneficiaries?
Is a will the only way to give assets to beneficiaries? A will is the most basic legal document in an estate plan. It allows a testator to instruct how their assets should be distributed…
Can your beneficiaries sell off their inheritances?
Can your beneficiaries sell off their inheritances? You’ve worked so hard over the years to build your estate and legacy. Understandably, you may have specific intentions for how your assets should be used. For instance,…
What is usufruct, and how does it work with property use?
What is usufruct, and how does it work with property use? Estate planning and real estate transactions in Louisiana are unique due to Spanish and French influences on the law. One such concept that residents…
Can families remove the succession representative of an estate?
Can families remove the succession representative of an estate? The person assigned to oversee Louisiana succession proceedings is the succession representative or personal representative of the estate. Their responsibilities may last for months and can…
Can a charity be included in your estate plan?
Can a charity be included in your estate plan? Estate planning largely revolves around ensuring that your loved ones receive an inheritance when you pass away. However, there may be other things that you hold…
Alternatives to a Do Not Resuscitate order
Alternatives to a Do Not Resuscitate order If someone does not want CPR to be used when they stop breathing or when their heart stops beating, they may have a do not resuscitate (DNR) order on file.…
Why do most people not have an estate plan?
Why do most people not have an estate plan? Estate planning is not the norm. In fact, the majority of people in the United States don’t have an estate plan yet. Many of them do…
Review your estate plan at these key times
Review your estate plan at these key times Making an estate plan is an excellent step toward providing stability for your family. You help them smoothly transition through this period in life with lower odds…
When does someone lack the capacity to draft a will in Louisiana?
When does someone lack the capacity to draft a will in Louisiana? There are certain requirements for a valid and enforceable will in Louisiana. The first is that someone must be an adult. There are…
From founder to successor: A seamless leadership transition
From founder to successor: A seamless leadership transition Family businesses are the backbone of the economy, blending personal and professional dynamics. The foundation laid by the founder of a family company is crucial, and a…
