One of the primary goals of estate planning is to minimize the effect of taxes. Taxes can significantly reduce the amount of your estate that you can pass to your heirs. Estate planning can help ensure that your heirs receive as much of your estate as possible....
The difference between estate administration and probate is slight yet very specific. Estate administration occurs each time an estate is called to account for the assets of someone deceased. This may or may not call for a probate hearing in the process. Louisiana...
After passing away in Louisiana, your estate is distributed among your beneficiaries based on the terms of your will after going through a probate process. This process comes at a cost; for example, you will have to pay fees for the probate process, your trustee, and...
If you live in Louisiana and are creating an estate plan, you may wonder whether one or more trusts would be appropriate in your situation. Talking about trusts can be confusing sometimes because they may be referred to under different names. Several different types...
When you start planning your estate in Louisiana, you have two options for asset division. You could take the traditional route and write a will that divides your estate amongst your family members and other heirs. However, many people don't realize that they have...