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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...
Louisianans from every demographic are advised to think about the value of a comprehensive estate plan. This is true for people with limited income and assets and those who are considered wealthy with a vast portfolio. For the latter group, however, there will be more...
People who watch dramatic television programs or films about families and disagreements within those families often have misplaced beliefs about reality and the law. In Louisiana, people might think they understand the basics about estate planning and deciding who can...
Louisianans might put off creating an estate plan for a variety of reasons. Perhaps they are younger and do not think it is a priority. They may not have significant assets or property valuable enough that they believe a will is necessary. Or they might not want to...
Estate planning is taking on greater importance during these troubling times and people are increasingly thinking about how to go about protecting their loved ones. Before anything else, it is useful to understand the basics. Moving forward with an estate plan can be...
For many people in Louisiana and across the country, putting together an estate plan can be challenging. However, for those suffering with a neurological disease, the matter can be more complex. For this reason, these people might consider taking proactive steps in...
Estate planning is not limited to deciding how to distribute one’s assets after death. Some aspects of estate planning can benefit the planner, or principal, during his or her lifetime. A financial power of attorney document is one of those estate planning tools that...