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Creating an estate plan is important for Louisiana residents. While the current federal estate tax exemption is quite high, the tax burden can still be an issue for some people. There are, however, a few ways that this can be addressed. What exactly is lifetime...
Legal proceedings may come with many steps and responsibilities. When two highly involved legal duties converge, things may seem even more complicated. Divorce proceedings and estate planning in Maryland both require significant attention. Performing both...
Many individuals choose to donate to charity throughout their lives, always ready to lend a helping hand through finances in Baton Rouge, Louisiana. You can choose to continue to give even after you pass, however, through a charitable trust. If you want to start a...
A challenge shared by many Louisiana residents who are making an estate plan is what do to about beneficiaries who may have certain issues, such as substance abuse or financial irresponsibility. You may want to leave an inheritance for them, but you may also be...
Life is unpredictable, which is why so many legal and financial professionals in Louisiana urge people to begin to create their estate plans as soon as possible. What should you add to your plan? This is a very important question as it can determine how your assets...
Ideally, you will craft your estate plan with the help of a Louisiana estate planning professional. This person may help you think about what you want your estate plan to do and what might happen if your goals change at some point in the future. Take a look at some of...
A will is an effective estate planning tool that helps to ensure assets are distributed as intended by the party that passes on. The testator is the person who writes out a will that expresses the person’s wishes for how remaining assets are distributed after death....
When you're in your 20s and 30s and just establishing a career path, it's easy to overlook estate planning. After all, most people live well beyond their early adulthood and have decades ahead of them during which such matters could be handled. But when car accidents,...
Estate planning is important but so is remembering to update an estate plan when needed. Estate planning tools offer resources to help estate planners update their estate plan so that it keeps up with the changes in their lives. Estate planning can provide a lot of...
An advance medical directive is a document people will complete and sign while they are healthy that will give them some control over medical decisions that they otherwise might not be able to make for themselves. As people age, it becomes more and more likely that...