No estate plan can prevent an unhappy relative from filing a challenge. However, careful planning can protect a Louisiana will by reducing valid grounds for attack and creating reliable evidence of the testator’s intentions. The…
Irrevocable trusts in Louisiana can serve important estate-planning purposes. However, “irrevocable trust” does not describe one standardized product or guarantee a particular tax, creditor-protection or Medicaid result. Instead, irrevocable describes the settlor’s ability to revoke…
When someone dies owning property in Louisiana, the family may need to open a succession to transfer that property, address debts and establish who legally inherits. Other states often call this process probate, but Louisiana…
Being asked to serve as executor of a Louisiana estate reflects considerable trust. However, the role can require much more than signing a few documents. An executor may need to protect property, locate assets, address…
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…
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…
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…
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…
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…
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…