If property is held in your Louisiana estate at the time of your death, it will likely be subject to state probate laws. The probate process is used to determine how those assets should be distributed to beneficiaries. It may also be used to appoint a guardian for...
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When Louisiana residents die without a will
The laws governing what happens to a deceased person's property in Louisiana can differ from what may happen in many other states. One interesting aspect of estate law in the Bayou State is what happens to property when the deceased person did not have a will....
The responsibilities of an estate executor
There are many tasks that an executor will need to complete after an individual dies. Typically, the first step in the process of settling a deceased person's affairs is to present the will to a probate judge. Probate may take place in Louisiana if the deceased...
Helpful steps in creating a business succession plan
For many business owners, the toughest issue to resolve in a business is how to keep it profitable. However, the biggest question is commonly an unresolved one: how to pass the business on when the owner retires or is unable to run it. Because of the difficulty in...
How the latest tax reform affects your estate plan
After long debate, the Tax Cuts and Jobs Act has finally been passed into law. A long and complex document, the tax reform has implications on myriad areas of an individual's life. The changes these new tax regulations have on estate planning are worth understanding...