Estate plans unfortunately cause a lot of friction within families for various reasons. Is it possible to reduce these conflicts? Fortunately, the answer is yes. You need to do some of the work while you are still alive, however. Reignition of old rivalries Everplans...
Both wills and trusts exist as a way for you to pass on your assets to your loved ones after your death. Each one has its own particular uses and situations that they best suit. However, many people do not know that they can opt for a trust instead of a will, or...
Too many Americans do not have an estate plan. Their reasons for not acting vary from procrastination to claiming they do not have any heirs. Somehow, we must convince more people about the importance of having an estate plan and the simplicity involved in completing...
The succession process in Louisiana is how your estate will go to the people that you want to inherit from you. Writing a will or setting up a trust are two ways to help ensure the fulfillment of your wishes. However, the state itself might wind up with your...
When choosing an executor, a family member may seem like the natural first option to lean toward. However, family members do not always make for good executors. What are the biggest potential issues with leaning on a family member in these situations? The skills of a...
Estate planning is all about choices. One of the biggest you will have to make early on is who you want to place in charge of dispensing with your will and estate. Deciding who will become the executor of your will comes down to various factors. If you are unsure how...
You may believe that estate planning is a one-time event. However, certain circumstances necessitate a revision of those plans. With the ever-changing nature of life, your plans for the future often need tweaking. Your will is the document that makes its way through...
Neglecting to create a Louisiana estate plan leaves quite a bit up to chance. On the flip side, creating even the most basic estate plans helps ensure that you have a say in what happens to your life and legacy – regardless of how sizable that legacy might be....
The word 'audit' usually brings anxiety. It can be intimidating to think that the Internal Revenue Service is investigating the information on your tax return. The good news is that most tax audits are not because you broke the law, and the process does not...
Planning your estate can prevent disputes amongst your family members, as well as help you retain control of the distribution of your assets. Given the complexity of most plans, you will want to avoid missteps that could jeopardize your final wishes. When you know...