Planning for the future can be complicated and overwhelming, and this is why many Louisiana adults avoid this process. They may assume they don’t really need an estate plan for their specific stage of life, and they may hesitate to move forward with putting certain...
Month: May 2021
How beneficiaries could derail estate planning efforts
The intent of an estate plan is to have control over what happens with assets and wealth after passing. Through specific strategies and properly implemented tools, a Louisiana adult can manage his or her wealth long-term, as well as health care preferences. However,...
Has the time come to update your estate plan?
As life changes, Louisiana residents may need to revisit certain areas of their lives to ensure that the changes they face do not cause any discrepancies. For example, if you have created an estate plan, you may think that you and your family are set for the future....
What is the primary role of the executor of an estate?
After the passing of a loved one, friends and family will have the responsibility of settling his or her Louisiana estate. This means paying remaining bills, locating and valuing assets and distributing estate assets according to the terms of the will. The individual...
What can a Louisiana adult learn from Prince’s estate?
Estate planning is not only for the wealthy, but it is a process that is especially important for those who have a lot of wealth and valuable assets. The singer Prince was a famous and wealthy musician who died possessing valuable property and money, but there have...
