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...
Shreveport Estate Planning Blog
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...
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...