Although the Corporate Transparency Act’s Beneficial Ownership Information reports no longer apply to domestic entities due to their exemption, another FinCEN requirement is moving full steam ahead, and estate planning attorneys should not overlook … [Read more...] about Preparing for FinCEN Real Estate Reporting
Blog
Hulk Hogan and Disclaimers…?
When Terry Bollea, aka “Hulk Hogan,” died on July 24 at age 71 in his Clearwater, Florida home, I wondered if I’d have another celebrity estate gone awry to discuss. I found something different but equally important for Estate Planning practitioners: … [Read more...] about Hulk Hogan and Disclaimers…?
“Let’s Go Crazy” … Over Prince’s Estate
When Prince died over nine (9) years ago, he shocked his fans one last time. Turns out, his unexpected death wasn’t the last surprise. Prince died without an Estate Plan causing his siblings to spend the next six years fighting over his Estate. … [Read more...] about “Let’s Go Crazy” … Over Prince’s Estate
How Specific Devises Impact Inheritance
Parents often decide to leave one child a specific asset and provide an equalizing cash bequest to the other. This article explores how specific bequests may provide unintended results. Continue reading to learn more. … [Read more...] about How Specific Devises Impact Inheritance
National Make-a-Will Month
Although many Estate Plans have a Revocable Trust as the foundation for the plan, Wills play an important role in a comprehensive Estate Plan. Alarmingly, most Americans don’t have a Will even though they know it’s important. As National Make a Will … [Read more...] about National Make-a-Will Month
No More Cheeseburgers in Paradise
Jimmy Buffett’s brand of music inspired a way of life dedicated to relaxing. A trip to Key West, Florida embodies everything Jimmy held dear and serves as the backdrop to many of his songs. More than one city hosts a restaurant titled after his hit … [Read more...] about No More Cheeseburgers in Paradise
Graduation . . . What’s Next?
While summer gives us pools, barbecues, and a break from the usual grind, it also provides an opportunity to undertake some necessary Estate Planning, especially for young adults heading off to college. Continue reading to learn more. … [Read more...] about Graduation . . . What’s Next?
Out-of-State Heirs and Louisiana Succession: What They Need to Know
Every year, people across the country discover they’ve inherited property in Louisiana—whether it's a family home, a piece of rural land, or an interest in a business. But if you live in another state, inheriting assets located in Louisiana isn’t … [Read more...] about Out-of-State Heirs and Louisiana Succession: What They Need to Know
The Trouble with Undivided Property: Why Co-Owned Inheritance Often Leads to Conflict
When someone dies in Louisiana without a will—or even with one that doesn’t clearly assign property—multiple heirs often inherit undivided interests in real estate. While it might sound fair on paper, this arrangement can quickly become a legal and … [Read more...] about The Trouble with Undivided Property: Why Co-Owned Inheritance Often Leads to Conflict
Blended Families and Forced Heirship: Estate Planning Traps in Second Marriages
Estate planning can be complicated in any family, but it becomes particularly challenging in blended families—especially in Louisiana, where forced heirship and unique community property laws create additional legal hurdles. Many people enter second … [Read more...] about Blended Families and Forced Heirship: Estate Planning Traps in Second Marriages
