Zachary Estate Planning Lawyer

Estate Planning Attorney in Zachary, LA

Residents of Zachary love the schools in the area, managed by the Zachary Community School System. The area is often considered a great place to raise a family. To make sure you pass your assets to your family in the future, work with a Zachary estate planning lawyer.

Experienced Estate Planning Attorneys in Zachary, LA

At Field Law, all we do is estate law. This lets us focus only on cases like yours. We can stay up to date on the laws impacting your estate and update plans as needed. Our dedication to estate law makes sure you receive the most efficient service possible when crafting your estate plan.

What Is an Estate Plan?

An estate plan is a comprehensive collection of documents that outlines what assets you have and how you want them to be transferred after your death. It can also include non-financial documents like advance directives to make logistical plans for this time period.

Even if you already have an estate plan, it is still a good idea to review it every few years. If you have recently had a large milestone, like a wedding or the birth of a new child, your estate plan is likely out of date and should be updated.

What Are the Benefits of an Estate Plan?

Crafting an estate plan might seem like overkill, but it often comes in handy in multiple ways. An estate plan is beneficial for people by:

• Evading probate. Estate plans can utilize various tools, like living trusts, to eliminate the need for an estate to go through probate at all. Even if probate is needed, the process will likely be much shorter because fewer assets need to go through it.
• Shielding your children. Parents with dependent children can make sure they are taken care of with an estate plan. It can outline who will take care of them in the event that you are seriously injured or killed. This can make it easier to make the transition, especially during such a traumatic time.
• Lowering costs. Even though it does cost money to make an estate plan, the cost is usually far lower with an effective one. This is because it can make probate go faster and save both time and money for your loved ones.
• Making decisions for your loved ones. One of the most difficult parts of a loved one dying or becoming incapacitated is figuring out what to do next. If you plan what you would like to be done ahead of time, this can ease the strain on your loved ones while they are going through a hard time.
• Lowering the waiting period. Without a solid estate plan, it can take much longer for your loved ones to actually receive their assets. An estate plan can make some assets automatically transfer over, which saves time for your family.

The median household income in Zachary is $90,507. However, the income created for your loved ones does not effortlessly transfer over without the help of an estate planning attorney.

Why Hire an Estate Planning Lawyer?

You should hire an estate planning attorney because they make the process a lot less intensive. Attorneys use their experience to make a tailored plan that meets your needs. This can help your loved ones make decisions that you would approve of.

Attorneys can also remind you to update your estate plan. It’s easy to forget after an important event, but an estate planning lawyer can proactively update you so your estate plan is as up to date as possible.

If you have unique needs, like addressing blended families or complicated family situations, an attorney can walk you through what steps you should take to create an estate plan that benefits everyone involved.

Why Choose Us?

At Field Law, we take care of every part of crafting your estate plan. We create all the documents and file them for you. Our process is done entirely remotely, so there’s no need to go to court for a hearing. We aim to create a hassle-free process for our clients that works behind the scenes so you have time for other things.

FAQs

What Are the Parts of an Estate Plan?

The parts of an estate plan vary from person to person. This is because every family has different needs and requires different documents to meet them. However, some of the most common parts of an estate plan include a will, a trust, and other documents like advance directives and powers of attorney.

Does My Estate Have to Go Through Probate After I Die?

Your estate has to go through probate after you die if you do not prepare ahead of time. With a comprehensive estate plan, it’s possible to skip probate entirely in certain circumstances. Even though your estate might still have to go through probate, an estate plan can lower the amount of assets that have to go through probate, which makes the process quicker.

Should I Put a Trust in My Estate Plan?

You should put trust in your estate plan in most cases. Trusts can help your assets transfer quickly and privately, out of court records. Many estates benefit from trusts, both financially and logistically. Speak to an attorney to learn if a trust is right for your estate plan. They can help you pick a type of trust that works for you.

What if Someone Dies With No Estate Plan?

If someone dies with no estate plan, the estate is treated differently based on the presence of a will. If there is a will, the estate is divided based on the instructions in the will. If there is no will, it is considered to be an intestate succession. This means the estate is subject to Louisiana’s intestacy laws, which require dividing assets a certain way.

Don’t Leave Anything to Chance

Eighty-three percent of Zachary residents own their homes. This means they are probably looking to transfer these assets to their loved ones after they are gone. The transfer process goes more seamlessly with the help of an estate planning lawyer. Schedule a consultation with Field Law to learn more.

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