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...
Month: February 2022
What is a living will?
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...
Key aspects of estate planning for new parents
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...
What are the three elements of a basic estate plan?
No matter your age or personal situation, you should have a basic estate plan. Having the right documents in place can provide peace of mind, and ensure the execution of your wishes in the event of your incapacity or death. Since there are only three elements to...
Reasons to invest in making a will
Like many Americans, you may be putting off making a will until you reach old age. You may also think that a will is unnecessary because you are not wealthy. If you die without a will, your assets may distribute to family members according to Louisiana’s laws for...
Creating a tutorship plan for your children
Your children rely on you for their care, so what happens if you die? Creating a plan for what happens to them in the wake of your unexpected death should become a priority. An estate plan should include many provisions, including one that appoints a tutor (sometimes...
3 times you should review and update your living will
Modern medicine often gives doctors and other health care professionals a number of ways to keep many patients alive or even to bring them back to life. Some of these options, though, may make your skin crawl. If a serious illness or catastrophic injury renders you...
3 ways to keep your limited liability veil intact
Because of their flexibility and the legal protections they offer, limited liability companies (LLCs) are attractive structures for business owners. If you form a limited liability company, your creditors typically may not go after your personal assets to satisfy your...
Preparing for Hurricane Season Should Include Creating or Updating Your Estate Plan
Another hurricane season is upon us. While we’re hoping this area stays out of the “Cone of Uncertainty,” we're also hoping that you will still be prepared. Hurricane season runs from June 1 through November 30, and during that time, it is highly recommended that you...
How you can make your executor’s job easier
No one likes to think about their own death. But the truth is, the more thought and preparation you put into your estate plan, the easier it will be for the loved ones you leave behind. This is especially true for your executor, who has the most difficult job of all....