One important aspect of estate planning is deciding what will happen to hard-earned assets and wealth in the future. Transferring wealth to heirs and beneficiaries is an important goal for many, but there are specific ways to do this through certain estate planning...
Month: March 2021
How does one draft a living will?
Part of planning for the future includes making plans for what will happen in the event one is unable to express wishes regarding health care and medical needs for himself or herself. A living will is an estate planning document that allows a Louisiana adult to make...
The benefits of a SLAT for estate planning
Developing a comprehensive legal and financial plan for the future is essential for every Louisiana adult. Estate planning looks different in every situation, and for some, this may include a spousal lifetime access trust or SLAT. Planning well should include a...
When naming beneficiaries, is revocable or irrevocable best?
As you get ready to create an estate plan, you may have thought that the easiest place to begin would be naming beneficiaries to certain accounts. Certainly, ensuring your beneficiaries are in order is vital, and it is relatively simple to appoint the desired parties...
Delays in estate planning can be costly and risky
Unexpected changes in the past year have left many in Louisiana coming to terms with the uncertainty of life. There is no way to accurately predict what will happen long term or even in the months and weeks ahead. While the future is uncontrollable, there are specific...