Category: Estate Planning

Often estate planning focuses on the “big picture” issues, such as who gets what, who should I name as the Executor of my estate, who should be named as Tutors for my minor children, should a living trust be created...

 

As you know, June 1st is the beginning of hurricane season. As always, this time of year provides a moment for the residents of New Orleans and the surrounding areas to make their storm preparations. 

However, it is also...

 

An executor is the person designated in a Will as the individual who is responsible for performing a number of tasks necessary to wind down the decedent’s affairs. Generally, the executor’s responsibilities involve taking charge of the deceased person’s assets, notifying beneficiaries...

I am often asked by my (shall we say seasoned) clients about the wisdom of donating the family home to their children now. Usually, some family friend or one of the children has told the parents that this is a must and...

Many people are confused by these two important estate planning documents. It’s important to understand the functions of each and ensure that you are fully protected by incorporating both of these documents into your overall estate plan.

LIVING WILL

A...

If you have minor children, you must have a will.

I usually began my talks at seminars with this strong, unequivocal statement. Why do I say that?

Simply put, in their will, parents are provided the only opportunity available to them to appoint a...

 

Forced heirship is an ancient civilian concept.  Louisiana is the only state in the union which has forced heirship as a law. It was derived from Roman and French law.

The simple explanation of the law of forced heirship is...