Making legal and financial preparations for the future can be a challenging, complex process. It is not always easy to determine what may be important years in the future, and it is difficult to consider what will happen if incapacitated or after passing. There are...
Month: April 2021
An irrevocable trust could be the right choice for specific needs
When creating an estate plan, the goal is to make choices that will be useful and beneficial for years to come. Thinking ahead about the specific needs of heirs and beneficiaries can help a Louisiana adult create a plan that will secure the interests of themselves and...
Both young and old benefit from having a plan for the future
It can be difficult to think about and plan for the future, especially when one does not see the need for it. Young people in Louisiana may believe that because they are young and healthy that they don’t need an estate plan, and older people may assume they don’t need...
A practical estate planning strategy for adults
One aspect of planning for the future is laying out financial and legal intentions for estate assets after one’s passing. It may also include planning for the possibility of a disability or long-term health care needs. Protecting wealth is a primary goal for many in...
Could a springing power of attorney suit your needs?
You and many other Louisiana residents understand the importance of having an estate plan. However, you may still have questions about what you want to include in your personal plan. You may have already made certain decisions about the distribution of your remaining...
Addressing physical assets in an estate plan
Louisiana adults often spend their lives earning, saving and accumulating assets. After a benefactor’s passing, loved ones and beneficiaries must decide what happens to a decedent’s physical assets. In many cases, those left behind don’t want or need the possessions...
