As Louisiana residents and those elsewhere age, they can face several concerns. In particular, you or an aging parent could end up in need of long-term care. While it may be difficult to think about potentially developing Alzheimer's disease or facing another issue...
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Using a trust to leave assets to a troubled child
When your children were born, you likely had visions of happiness, success and love for each of them. Though you knew that they would live their own lives and have different experiences, you still hoped that each road would lead them to positive futures....
Is a living trust right for your estate plan?
If you are considering writing a will and believe this will complete your estate planning, you may be overlooking a valuable and useful tool that can protect your family and your assets. A living trust can offer you an alternative for passing certain assets in your...
Here’s why elders procrastinate with estate planning
The aging process does not typically unfold the exact same way in any two people's lives. As you get older, it's natural for your concerns in life to shift. For instance, when you were in your twenties, you likely focused on building a career in Louisiana or getting...
Your organizational skills can come in handy when estate planning
Organization can often make any task easier. You may enjoy having everything neat and in order, but you may not yet have taken an important organizational step that could help you and your family later: estate planning. You and many other Louisiana residents may not...
Estate planning allows you to make your own decisions
Many people can feel put off by the idea of planning their end-of-life affairs. This feeling may contribute to the fact that the majority of adults do not have a will. If you are among this majority, you may want to consider getting those affairs in order before it is...
How to handle the responsibility of a succession representative
As a succession representative, your estate holder has placed you in a position of great trust and responsibility. The role of a succession representative is not an easy one, and the duties of the role can easily sideline you.A succession representative, or an...
Estate planning mistakes and how you can avoid them
The start of a new year naturally makes people start thinking about their future. If you are one of those people, you may have thought about the coming year, maybe even thought about what next year at this time will look like. You may be someone who has even thought...
Estate planning for business owners
As a small business owner, the hard work and focus you put into your business ever day most likely consumes you and leaves little time to be thinking about the future. However, since the future is not guaranteed to anyone and your business is your pride and passion,...
Estate planning is not just for the wealthy
When you hear the term “estate plan,” you may think that only wealthy people need one. After all, they have a lot of assets and money that all need to be distributed appropriately.You, on the other hand, do not have a lot of assets - and you don’t...