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...
Baton Rouge Law Blog
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...
Considerations for identifying the best trustee
Estate planning includes looking to the future and making financial and legal plans based on what could be best years down the road. For individuals in Louisiana looking to accomplish something specific with their wealth or protect assets for a specific beneficiary,...
Be familiar with the benefits of establishing a trust
Planning for the future is an important step for Louisiana adults of all ages. In many cases, drafting a basic will is a simple yet effective way to do this, establishing which beneficiaries and heirs will receive assets from the estate. However, there are times when...
Is making your kids joint owners of your property wise?
Thinking about the best way to plan for your future is a complicated matter to consider. Still, if you are thinking about it, you are already heading in the right direction. One of the biggest issues Louisiana residents and those across the country face when it comes...
Estate planning for the healthy
Most Louisiana adults do not fully understand why it is important to have a complete estate plan until they need it. Unfortunately, this is often the point where it is too late to make any plans that could have a discernible effect on the situation. Estate planning is...
Business owners and the benefits of estate planning
Planning for the future is prudent for Louisiana adults of all income levels, particularly those who want to care for loved ones or accomplish specific things with their wealth. It is also a crucial step for those who own businesses as it can help preserve continuity...
Removing a child from an estate plan
Life is uncertain, and the plans one made at a certain point in time may no longer be applicable or valid. This is why it is beneficial to occasionally review an estate plan and determine if changes are necessary. There are times when a Louisiana parent wishes to...
Estate planning moves in 2021 for the wealthy
With the inauguration of President Joe Biden and Democrats controlling both the House and the Senate, legislative changes that could affect wealthy Americans are expected to be enacted at some point within the next few years. Biden has often said that the wealthy are...
Most adults have estate planning work to do
Even the most successful of Louisiana financial investors do not always consider what legal and financial preparations are necessary for the future. Over the last year, however, many have considered what financial protections they may need long-term. Many find that...