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3 Ways a Louisiana Estate Plan Can Face a Legal Challenge
A disappointed relative cannot overturn a Louisiana estate plan simply because the person expected a larger inheritance. A challenger must have a legally affected interest, identify a recognized basis for the challenge, and present enough…
3 Tips for Passing a Louisiana Business to Your Children
Passing a business to your children involves more than naming them in a will. A business has ownership rights, management authority, contracts, employees, debts, tax attributes, and relationships that must continue after the transfer. Before…
Preparing for Your Senior Years: 3 Estate Planning Must-Dos
An estate plan that worked at age 45 may not meet your needs at age 70. Your property may have changed. Your children may now be adults. In addition, the people you once selected to…
What Are the Key Areas of Elder Law in Louisiana?
Elder law helps people prepare for the legal and financial problems that often accompany aging, illness, disability, or declining capacity. It also helps families respond when a loved one can no longer manage important decisions…
How Long Do Beneficiaries Wait for an Inheritance in Louisiana?
If you are waiting for an inheritance from a Louisiana succession, you may wonder whether the process is taking too long. Louisiana law does not set one deadline for every estate. Instead, the timeline depends…
Can You Make a Will After a Dementia Diagnosis in Louisiana?
A dementia diagnosis does not automatically prevent someone from making or changing a will in Louisiana. The diagnosis is relevant, but it does not answer the legal question by itself. Instead, the critical question is…
How to Create a Digital Estate Plan in Louisiana
A digital estate plan in Louisiana should address more than cryptocurrency. It may need to cover email, photographs, cloud storage, social-media profiles, websites, online businesses, financial accounts, subscription services, and devices. The goal is to…
Is a Will the Only Way to Transfer Assets in Louisiana?
A will is not the only way to transfer assets in Louisiana. In fact, some of the largest assets a person owns may pass according to a beneficiary designation, account agreement, trust, business document, or…
Can a Beneficiary Sell an Inheritance in Louisiana?
The short answer is usually yes—but exactly what the beneficiary can sell depends on when the sale occurs and what the beneficiary actually inherited. A person trying to sell an inheritance in Louisiana may be…
When Is a Louisiana Usufruct the Right Estate-Planning Tool?
A Louisiana usufruct can provide for one person while preserving property for someone else. However, that does not mean every estate plan should use one. The important question is not simply, “What is a usufruct?”…
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