When a person dies without a will in Louisiana, their estate follows intestate succession laws. These laws determine who inherits property and assets based on family relationships. Understanding the state's unique succession system can help heirs navigate the process...
AI is transforming many aspects of business, including the way entrepreneurs decide how to form their companies. Whether it is a startup or a growing venture, business formation requires careful planning and consideration. AI tools now play a major role in providing...
When planning for future medical care, it's crucial to understand different directives. You might encounter terms like living wills and Do Not Resuscitate (DNR) orders. Both documents serve specific purposes, but their roles in healthcare decision-making vary. Living...
Power of attorney is a legal document that gives someone else the authority to make decisions on your behalf. This person, known as the agent or attorney-in-fact, can manage your financial, legal or medical affairs if you cannot do so yourself. Incorporating a power...
When the death of a loved one happens unexpectedly, you might find yourself thrust into the role of executor for your relative. It is natural to worry about legal pitfalls since mishandling your estate responsibilities could lead to litigation against you....
As parents age, it becomes increasingly important to engage in open conversations about estate planning. While it may seem like a daunting topic, discussing these matters can help them manage their assets appropriately. One way to do this is to broach the subject with...
Creating an estate plan is an essential step for managing your financial future and ensuring others carry out your wishes after your death. In Louisiana, specific laws and regulations govern estate planning. While focusing on significant items like wills and trusts...
When a close family member is building their estate plan, there is much you can do to assist in the process. End-of-life planning is not easy to tackle, but your loved one will benefit from your support and encouragement. If your loved one names you as their executor...
While most people prefer not thinking about the potential for premature death or incapacitation, planning for the worst helps ensure you receive the care you need. A living will allows you to specify instructions for medical care. If you feel unsure about whether or...
A new baby brings hopes and dreams for the future. New parents look forward to watching their little ones grow and reach their full potential. The addition of a brand new family member is an ideal time to review your estate plan. If you do not have a will, now is the...
