Dealing with the death of a loved one is not an easy process, as there are a myriad of emotions involved. In addition, you may have to deal with the recently deceased’s estate and ensuring the property is distributed to the beneficiaries properly. In Louisiana,...
Usufructuaries and naked ownership
Sometimes, after a person in Louisiana dies, an asset left to a beneficiary does not immediately transfer to that person's possession. If you find yourself in this position as the new owner of the asset, you may be wondering what will happen next. The legal...
Detailing Louisiana’s intestate succession laws
Despite estate planning experts in Baton Rouge extolling the benefits of seeing to such matters early on in one's life, a surprisingly high number of American adults do not have a will. While the issue of not having a will and testament in place may not concern you...
What happens to your property if you die without a will?
If you pass away in Louisiana without a will or other estate planning document in place, you may want to know what will become of your assets, property and debt. The answer depends on whether your property is community property or separate property, and what the...
When should I start succession planning?
Louisiana business owners must look to the future, especially when it comes to their retirement. For instance, putting off succession planning to a later date could negatively impact the future of the business you worked so hard to create. That’s why...
Succession disputes and family conflicts
When someone leaves their loved ones with assets after they pass away, they likely wish for family members to appreciate their decisions and benefit from what they have inherited. Unfortunately, sometimes disputes arise over succession and these disagreements have the...
The succession process in Louisiana
Residents in Louisiana may have heard their relatives or friends in other states talk about probate, a legal process that may take place after a person dies. The state of Louisiana refers to probate as succession. Understanding some of the key elements to this process...