Understanding the Difference Between a Will and a Trust in Louisiana

Despite significant progress in women’s education, earnings, and employment, retirement planning remains imbalanced.

If you decide to create a power of attorney, be sure to fulfill the requirements to ensure that it is valid.

Estate planning for seniors involves carefully organizing and managing personal assets and affairs to ensure their distribution aligns with individual goals and needs.

Louisiana residents know hurricane season brings more than just heavy rain and high winds.

Estate planning is essential for safeguarding assets and loved ones following a person’s passing.

While discussing future plans for when you pass away is not the easiest conversation to have, it is an important one.

Probate is a legal process where the court oversees the administration of an estate.

When caring for a new baby, the last thing you want to think about at this time is an estate plan.

Unlike many states that refer to the legal process after someone passes away as "probate," Louisiana uses the term succession . While the terminology is different, the purpose remains the same: ensuring a deceased person's property is transferred legally to the appropriate heirs or beneficiaries. Whether your loved one left behind a will or passed away without one, a succession may be required before assets can be transferred, sold, or distributed. At Losavio & DeJean , our attorneys help Louisiana families navigate every step of this process with compassion and experience. A succession begins by identifying the deceased person's assets, debts, heirs, and any valid estate planning documents. If there is a valid will , the court generally follows the wishes outlined within it. If there is no will, Louisiana's intestate succession laws determine who inherits the estate. Depending on the complexity of the estate, the process can involve court filings, creditor notifications, appraisals, tax considerations , and the preparation of legal documents necessary to transfer ownership of assets. Many people assume that succession only applies to large estates, but that is not always true. Even relatively modest estates may require legal action if real estate is involved or if financial institutions require court authorization before releasing assets. Families often discover that bank accounts, investment accounts , vehicles, or family homes cannot be transferred until the succession has been completed properly. Working with an experienced Louisiana succession attorney helps families avoid unnecessary delays, legal complications, and costly mistakes. At Losavio & DeJean , we guide clients through every phase of the succession process while helping preserve family harmony during an already emotional time. If your family is facing the loss of a loved one, professional legal guidance can make the process significantly less stressful while ensuring Louisiana law is followed correctly.