It isn't uncommon for adults who live in Louisiana to have a will. The same may be true if they own property in the state that they want to pass down to future generations. For some people, this document will be enough on its own to meet their estate planning needs....
Shreveport Estate Planning Blog
What to know about revocable trusts
If you would like to hold assets outside of your Louisiana estate, it may be possible to do so with a revocable trust. As the name implies, a revocable trust can be altered at any point, and if necessary, you can completely terminate it for any reason. Let's take a...
How can I leave cryptocurrency to my heirs?
The internet has changed our lifestyles. One of the ways it has done so is through cryptocurrency. If you are a Louisiana resident and own cryptocurrency, you need to modify your existing estate plan or determine who to include it in the one you create. Cyber assets...
Financial planning for blended families
Blending two families into one can be a challenging yet rewarding process. In the midst of trying to ensure that each person feels loved and connected, parents shouldn't forget about estate planning that will protect each member of the very diverse family. In...
Be careful when gifting stocks to beneficiaries
When considering how to divide assets among loved ones, many Louisiana residents are unsure what to do with the stocks they own. While stocks may not seem like a glamorous item to give to your survivors, gifting them in the proper manner can provide real value for the...
How pet trusts can be of use
When people in Louisiana work on their estate plans, they make sure that they've covered everything and everyone that they want to be included. They name the heirs who will be inheriting their assets, and they’re very specific about things like who will take care of...
Don’t let simple mistakes derail a long-term care plan
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...
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...