Putting together an estate plan is something you know you should probably do, but it hasn't been high on your priority list. Life keeps you busy and, really, it is something you just have not wanted to think about. It doesn't matter if you are a young adult, middle-aged or in your retirement years, having an estate plan is for your benefit and the benefit of your loved ones. Now is the time to create an estate plan and an experienced Louisiana-based probate attorney can help you do that.
Words matter. How words are used matters. When wording is unclear, particularly when it comes to one's will, it can cause a lot of problems for one's beneficiaries. This is an issue currently being seen in the Tom Petty probate case. It is also a problem that has been seen in plenty of Louisiana probate cases as well.
Stuff. It is collected and carried around over the course of one's life. There are certain items that may have special significance to some family members. It is these items that may cause issues during the probate process as one's loved ones may fight about who gets to keep what. Louisiana residents may be able to prevent problems during the probate process by divvying up assets while they are still living and putting together an estate plan.
Most adults in the state of Louisiana -- in the United States, really -- do not have estate plans in place. They do not even have basic wills in place. Without proper planning, probate may be a nightmare for one's family. One does not have to look too hard to find do-it-yourself wills and estate planning products online. Such products are tempting because they are usually cheap, but will a DIY will hold up when it matters, though?
Being assigned as the executor of a loved one's estate can be overwhelming. There is a lot to this role, and if one does not do it right, it can hurt beneficiaries and have personal consequences as well. What exactly is an executor's role during probate in the state of Louisiana?
There is no shortage of animal lovers in the state of Louisiana. While people may love their pets, many do not consider what will happen to these loved ones when they are no longer around to care for them. Everyone dies and those who want to make sure their pets are provided for when that happens may include instructions in their estate plans regarding where the animals should go and how much money should be set aside for their care. A probate law attorney can help with this.
What is a trust? Is it something every Louisiana resident should consider having? How does one create a trust? These are all questions that will briefly be discussed here. A probate law attorney can provide more in-depth answers to those who want to know more.
Estate planning is something that numerous Louisiana residents put off. It is understandable that no one wants to think about their own mortality. Not thinking about it, though, can end up hurting one's loved ones in the end. A will is the most basic estate planning document anyone can have, but having one in place can help one's family get through probate as quickly as possible.