Interdictions
Interdiction is its own area of Louisiana Law, yet one that is not understood by a lot of clients. So this brief article will attempt to explain just what it is and the procedure required to obtain a Judgment of Interdiction. Of course, the Tom Benson matter did bring the world of Interdictions...
Self-Settled vs Third-Party Special Needs Trusts
Special needs trusts allow individuals with disabilities to qualify for need-based government assistance while maintaining access to additional assets which can be used to pay for expenses not covered by such government benefits. If the trust is set up correctly, the beneficiary...
Why should your College Age Child Execute a Power of Attorney?
When we think of a Power of Attorney, we often think that they apply to our elderly parents and being able to act on their behalf, financially, receive medical information, and make medical decisions for them.
However, we often overlook the importance of this document for our children who have attained the age of majority....
Common Estate Planning Mistakes Regarding IRAs.
For many people, retirement savings accounts are among the largest assets they have to bequeath to their children and grandchildren in their estate plans. Sadly, without professional and personally tailored advice about how best to include IRAs in one’s estate plan, there may...
A Special Recognition
We are proud to announce that our firm was just selected as one of the three top-ranked estate planning firms in New Orleans.
https://threebestrated.com/estate-planning-lawyers-in-new-orleans-laThanks for all of your support.
A Primer on Irrevocable Trusts
Many individuals are aware that a will is one way to plan for the distribution of their assets after death. However, a comprehensive estate plan also considers other objectives such as planning for long-term care and asset protection. For this reason,...
A Primer on Advance Medical Directives
While the main objective of estate planning is to help individuals protect their assets and provide for loved ones, there are other important considerations, such as planning for incapacity. In short, it is crucial to plan for the type of medical care...
Why New Parents need an Estate Plan
Becoming a new parent is a life changing experience, and caring for a child is an awesome responsibility as well as a joy. This is also the time to think about your child's future by asking an important question: who...
Elder Law
What is Elder Law?
As the population grows older, many elders must face the difficult challenges of aging, such as declining health, long-term care planning, asset protection and other financial concerns. The practice of elder law is designed to assist seniors...
What are Letters Testamentary?
An individual who has been named as a personal representative or executor in a will has a number of important duties. These include gathering the deceased person's property and transferring it to the beneficiaries (legatees) through a court-supervised process known as probate....