Creating a will is usually one of the first steps someone takes during the estate planning process. A well-drafted will can ensure that your assets are properly distributed according to your wishes and allow you to name an executor for your will. The … [Read more...] about Choosing the Right Executor for Your Will
Estate Planning
The SECURE Act – the Gift That Keeps On Giving
The SECURE Act of 2019 altered the landscape for IRAs significantly when signed into law. Just when advisors gained a level of comfort with the SECURE Act, the United States Treasury Department issued Regulations in early 2022 requiring RMDs under … [Read more...] about The SECURE Act – the Gift That Keeps On Giving
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
Protect Your Vacation Home in Louisiana with Estate Planning
Owning a vacation home can be a dream come true for many people. Families often use their secondary home to escape the mundane daily grind, see something different, and create memories with their spouses or children. However, you must carefully plan … [Read more...] about Protect Your Vacation Home in Louisiana with Estate Planning
Caring for Your Furry Companions: Estate Planning for Pet Owners in Louisiana
Caring for pets is an enormous priority for most pet owners. As responsible pet owners, we all want to ensure their happiness even after our life ends. Many pet owners see their pets as family members and want to do everything in their power to … [Read more...] about Caring for Your Furry Companions: Estate Planning for Pet Owners in Louisiana
Gen X – This One’s for You (Really Every Generation Should Read This)
As the Baby Boomer Generation retires and eventually dies, the greatest transfer of wealth will occur and according to many sources, it will dwarf any prior wealth transfer. This transfer gives those anticipated to inherit the wealth a great … [Read more...] about Gen X – This One’s for You (Really Every Generation Should Read This)
Preserving Family Legacy: Passing Down Farmland in Louisiana
Louisiana has a rich history of generational farmers who have passed down their farming knowledge to the next generation. Louisiana has abundant water sources and fertile soil, sustaining farming traditions for centuries. Louisiana farmers have … [Read more...] about Preserving Family Legacy: Passing Down Farmland in Louisiana
Estate Planning for Single Parents
Everyone needs to plan for the future, especially single parents. Estate planning for single parents involves creating legal documents to protect their children’s future and safeguarding their inheritance. This goal can be accomplished by a wide … [Read more...] about Estate Planning for Single Parents
529 Plans – The “Holy Grail” of Estate Planning
When Estate Planning practitioners talk about the “Holy Grail” of Estate Planning, they generally mean the intentionally defective grantor trust which includes the assets contributed to it in the grantor’s income tax for income purposes but excludes … [Read more...] about 529 Plans – The “Holy Grail” of Estate Planning
The Wonder of Wills
Many Estate Planning attorneys have fielded a question regarding whether an Estate Plan was necessary, or whether a Will is necessary if the client has a Revocable Trust. Let’s settle the debate now. Even in an Estate Plan based upon a Revocable … [Read more...] about The Wonder of Wills
