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When it comes to estate planning, you have numerous options. For instance, you may decide to create a trust, a type of legal arrangement that helps individuals manage and distribute their property, either during their lifetime or once they pass away. However, what you may not realize is there are actually different types of trusts…
Probate is a legal process where the court oversees the administration of an estate. This process usually involves validating an individual’s Last Will and Testament, distributing assets to the proper beneficiaries, and satisfying debts. If there is no Will, probate is the general administration of the decedent’s estate according to the state’s laws. In Louisiana,…
Today, searching for an elder law attorney is easier than ever. With a simple Google search, you can have the names of countless lawyers in the area. However, just because these legal professionals rank at the top of your search history does not mean they are the right option for you and your needs. What…
If you are an adult and have to care for a parent, you may have to figure out their housing arrangements at some point. While the ultimate decision will likely be your parents, there is some research that may help you with these choices and assist you when it comes time to make a decision…
When someone close to you dies, it can be overwhelming to know what to do next. However, time-sensitive actions may need to be taken to avoid further complications during this difficult time. That is why it is crucial to understand the necessary steps to take following this passing. What To Do Right After a Loved…
A Last Will and Testament is a legal document that allows individuals to distribute property owned by them to specific individuals at the time of their death. However, while this document is incredibly important in ensuring assets and property go to who they are supposed to, there are instances when these documents are revoked, leading…
When caring for a new baby, the last thing you want to think about at this time is an estate plan. However, it is worth taking the time to talk to an estate planning attorney about your options. As a new parent, the primary benefit of an estate plan is to ensure your child is…
Many believe estate planning is only necessary if they are married, have children, or possess significant wealth. However, regardless of age or relationship status, estate planning is crucial. Even if you do not have a spouse or children, if you pass away without a plan, your assets will be distributed according to the court’s discretion….
Despite significant progress in women’s education, earnings, and employment, retirement planning remains imbalanced. This has been mainly because women continue to earn less than men on average throughout their careers. This lower income makes it difficult for women to save for retirement, which is compounded by the fact that women tend to live longer and…
Estate planning documents such as a Last Will and Testament and trust are in place to allow individuals to decide what will happen to their property after they pass away. Unfortunately, sometimes these documents do not adequately represent their wishes, especially if these individuals were taken advantage of by a person they trusted. Fortunately, in…
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