Month: May 2020

All adults can benefit from estate planning

It’s not easy to plan for the future, especially when it requires thinking about what will happen to assets and property after passing. Louisiana adults may delay estate planning because they assume they are not wealthy enough or have enough valuable assets. In...

What do the terms usufruct and usufructuary mean?

  There are many terms that you will hear when you work on your estate plan. Some are easy to understand. There are others you do not hear outside of the world of succession. Two of those words are usufruct and usufructuary. Understanding those terms can ease the...

When should you update your estate plan?

Many people take the time to write a comprehensive estate plan and then simply forget about it – ignoring the opportunity to mirror the changes that happen in their personal lives. These people realize in retrospect that significant life events should have dictated...

Avoid These 6 Estate Planning Mistakes

Estate planning, for many, is an essential part of protecting your family and personal assets. While each estate plan is custom, there are six common mistakes people should avoid, which include: Understanding Your Estate Plan: The lack of not understanding your estate...

3 myths about estate planning

Everyone has an estate that must be taken care of after their death. Everything from cars to life insurance must be wrapped up after a person’s death. No matter how big or small your estate is, a plan for that estate is needed. Death is inevitable and planning for it...