One of the most important steps to take when planning for the future is to consider long-term goals and objectives for personal wealth. Assets and money can pass to loved ones and beneficiaries in different ways, but certain types of trusts allow one to accomplish...
Month: December 2020
A simple first step in the estate planning process
One of the most significant errors made with estate plans is failing to update the plan after major life changes. Many believe that once a plan is in place, they do not need to do more, but this can lead to problems that may cause complications for loved ones down the...
Estate planning with unique beneficiaries in mind
Planning for the future typically means considering the needs and interests of loved ones and beneficiaries. There is no one-size-fits-all solution in estate planning, and unique beneficiaries may require a unique planning approach. Considering the needs and interests...
Distributing art in a estate plan
As an artist or a collector, you may have numerous pieces of art on your premises. After your death, the distribution of art in the estate plan may pose a significant issue, so it pays off to think about what will happen to your art collection. An estate planning...
What should parents tell adult children about their estate plans?
One of the most difficult aspects of planning for the future is making choices that will affect family members long-term. This is one reason why many people delay making estate plans, or they don’t discuss their plans with their Louisiana families. While this may help...