Just outside Baton Rouge, Denham Springs is home to thousands of families who work hard to build the life they have. Whether you own a home near PARDS LM Lockhart Park or are starting a young family in The Vineyard, having an estate plan is a good idea no matter your age, wealth, or health. Even young families or those from modest means can benefit from hiring an experienced Denham Springs estate planning lawyer.
At Field Law, our team has been helping people create comprehensive, dependable estate plans in and around the Baton Rouge area for years. Everyone wants to remain in control of the life they have worked so hard to build, and we are here to help ensure just that. With over a decade of experience, our team is here to offer you convenient and full-service support. Let us handle the legalities of your estate plan while you focus on spending time with loved ones.
Nearly 66% of the American population currently does not have a will or other estate planning documents in place. This is a staggering number, considering just how vital estate plans can be for you and your loved ones. When you become injured, incapacitated, or pass away, an estate plan has various tools that can protect you, your assets, and your family members. At Field Law, we can help determine which tools work right for you, including:
We can review your life circumstances and help determine which estate planning tools correctly fit your needs, as well as the needs of your loved ones and your estate. Only 24% of Americans have an estate plan established. It is never too early to start the process for yourself.
If you hope to create a comprehensive and enforceable estate plan in Danham Springs, you need to hire an estate planning lawyer who knows which tools will work to protect you and your loved ones. At Field Law, we are here to help you by guiding you through every step of the process, including:
When someone dies in Louisiana without a valid estate plan in place, there are several complications that can arise. One of these complications is that your wishes will likely not be carried out. When a person dies without a will, their estate will be subjected to the intestate succession laws of Louisiana, meaning assets will be distributed in a way that prioritizes your spouse, then children, then other close relations.
It is a common misconception that trusts are only meant for wealthy individuals in Louisiana and across the United States. This could contribute to the fact that only around 13% of the population has a trust in place. Trusts, in reality, can help protect anyone from unnecessary fees, federal estate taxes, and court costs. While they cost money to create and update, many people, regardless of wealth, find trusts worthwhile.
There are several circumstances that would warrant the need to update your will. These circumstances can include a new marriage, a death in the family, or a new birth or adoption. If you no longer believe you can trust the executor of your will or a trustee involved in your established trust, you could also benefit from updating your estate plan. You should also review your estate plan periodically to ensure it still aligns with your wishes.
Yes, creating a trust can come with both pros and cons. Pros can include the fact that a trust can provide you and your loved ones with privacy and high levels of control over your assets. Establishing a trust can also allow you to bypass succession. However, in certain cases, a trust might not be right for you. Cons of creating a trust can include the fact that they cannot always be easily changed, and they can be expensive.
The estate planning process can be overwhelming, but it doesn’t have to be. When you hire an estate planning lawyer from Field Law, we can be there to help develop a comprehensive estate plan that can protect your loved ones and everything you have worked so hard to build. We are also here to assist you should your estate plan need updating due to any life changes. Contact our office today to schedule your free consultation and learn more about our services.
Quick and easy.
My wife and I were leaving the country for a vacation without our eight year old daughter. Morgan made sure our Wills were up-to-date and that we had extra copies of our powers of attorney to stick in our suitcase. He also recommended a special document so my mother-in-law could make decisions in cas
“I cannot recommend Field Law highly enough! Their attention to detail and professionalism is unmatched. My father‘s estate account is not even finished but I just had to write this review. The paralegal working with me is Kimberly Bedgood. She has been wonderful at communicating with me. You never have to wonder where your case stands. Mr. Field is very knowledgeable about Louisiana Estate Law. They have worked tirelessly for me and if you are needing any kind of Estate work, you will be so glad you chose Field Law.” – Yvette Waters (Google Review)