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Although the term elder law is frequently mentioned, many people are unaware of its meaning or importance. That is why in the below guide, we will go over in detail what you need to know about elder law and how this type of law can impact you and your loved one’s futures. What Is Elder…
When a person passes away, their loved ones have to deal with numerous questions and issues while going through a tremendously difficult time. One of the most significant questions is who will inherit the person’s possessions, property, and other assets. However, the answer to this question is not that simple, as it will vary depending…
Estate planning refers to the process of organizing and arranging a person’s assets to ensure they are distributed according to the person’s wishes after they pass away or become incapacitated. A thorough estate plan can protect not only a person’s loved ones but also their assets. To help you better understand this process and what…
It is understandable that thinking about estate planning can be overwhelming and uncomfortable. It can be challenging to consider what will happen to your assets and those you care about most when you are no longer around. However, it is important to remember that estate planning is essential to ensuring your wishes and loved ones…
It is natural to avoid thinking about the potential injuries, illnesses, and disabilities that could leave you unable to care for yourself in Louisiana. But failing to confront these fears and plan for the possibility can make things much more challenging for you and burden your loved ones unnecessarily. That is why it is important…
Did you know that everyone has an estate, regardless of their wealth? Your estate includes everything you own, including motor vehicles, real estate, bank accounts, and investments. However, estate planning is not limited to just your possessions. It involves taking steps to prepare for any situation that may arise during your lifetime, such as incapacity,…
As individuals age, they may have to deal with various issues related to their finances, healthcare, and housing. However, navigating these issues alone can become an overwhelming and stressful ordeal. Fortunately, you and your loved ones do not have to take on these matters alone. Elder law is a type of law that focuses on…
If you have an estate plan that includes a living trust, you may want to look into pairing the trust with a pour-over will. This document is often used to ensure that any things or assets you failed to include in your trust will automatically be transferred over to the trust after you die. This…
In Louisiana, if a person passes away without a valid Last Will and Testament, they are considered to have died intestate. This means that their estate will be handled according to the state’s intestate succession laws. In Louisiana, the instate rules distribute a person’s assets to various relatives, starting with the deceased’s children and spouse…
It’s no secret that everyone wants to reduce the amount of paperwork in their lives. However, when it comes to specific documents, keeping them safe may be in your best interest. The last thing you want to do is throw out a critical estate planning document and not have it when you need it most….
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