Most Louisianans believe it’s important to put an effective legal strategy in place for their assets, their family, and their heirs — but only 40% actually do it.
An estate plan provides a safety net that makes sure the legacy you envisioned is carried out and your loved ones aren’t left to pick up the pieces after you’ve passed away.
Working with a Louisiana estate planning attorney allows you to build this plan for your family and your assets ahead of time.
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Cynthia S.
Cynthia S.
When we talk about an estate, this includes all property a person owns — from personal possessions to businesses and real estate.
So an estate plan, then, protects all these assets, which can include:
A Louisiana estate planning attorney can help you figure out how to manage your final affairs, and facilitate the transfer and management of your assets after you’re gone. But estate planning deals with not only your treasured possessions, but also the people you love and care most about. That’s why you need a lawyer you can trust to help you tailor your plan specifically to your needs.
Fitting your plan to your specific needs includes choosing which documents to include in your estate plan. Your Louisiana attorney can walk you through which of the documents work best for your vision for your assets and your loved ones.
The most well-known of the estate planning documents, a will, outlines your wishes to your family in regards to inheritance and distribution of property and guardianship of your children.
A durable power of attorney is a document that allows someone else to make decisions for you in the event that you become incapacitated and unable to make those decisions for yourself.
Similar to a durable power of attorney, a living will allows a patient to set out his or her wishes regarding health care decisions should the patient become incapacitated. This is particularly important to keeping your loved ones from disagreeing on what to do if you are unable to communicate what you want.
The most well-known of the estate planning documents, a will, outlines your wishes to your family in regards to inheritance and distribution of property and guardianship of your children.
A durable power of attorney is a document that allows someone else to make decisions for you in the event that you become incapacitated and unable to make those decisions for yourself.
Similar to a durable power of attorney, a living will allows a patient to set out his or her wishes regarding health care decisions should the patient become incapacitated. This is particularly important to keeping your loved ones from disagreeing on what to do if you are unable to communicate what you want.
If you’ve spent a significant portion of your life building your business, you want to make sure it’s protected after you’re gone, too. Luckily, you can make a plan for your business part of your estate plan.
Leaving your business will have an effect not only on your family, but also on your employees and your assets. That’s why we can work together to create a well-designed plan that allows you to transition your business smoothly to the next generation, whether it be to family members, trusted employees, or a buyer.
Talking about the future is not always easy — but putting a plan in place to make sure your loved ones are taken care of can be. Get in touch with me today to schedule a live or virtual consultation, so that we can start building the perfect estate plan for you and your family.
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