Creating a comprehensive estate plan helps ensure that your wishes come to fruition after your death. It also helps you maintain control over certain affairs in the event that you suffer incapacitation. In Louisiana, an estate plan should include several key...
Estate Planning
How can undue influence harm an older adult’s estate?
Elderly people, with their accumulated assets, are often vulnerable to undue influence. This manipulation, if unchecked, can wreak havoc on an older adult's estate, jeopardizing their financial security and legacy. There are many ways in which undue influence can harm...
Identifying red flags when selecting a guardian for your children
Choosing a guardian for your children is an important decision all parents should make. It involves finding someone who will provide love, care and support to your children in the event of your incapacity or passing. While making this selection is a deeply personal...
What should you include in your estate plan?
A solid estate plan protects your assets, but it also allows you to care for your family financially even after you are gone. That is why proper planning is so important, as it ensures your loved ones receive your assets in the manner you desire. Accordingly, most...
Does your estate provide for your loved ones and you?
You may have no desire to write out a will, let alone consider all the other elements of an estate plan. However, if you want to care for your loved ones and even yourself, you should dedicate real time to a viable plan. There is more to an estate plan than simply who...
What are some common myths about estate planning?
Wills and other estate planning tools protect your assets, but they also safeguard your family after you are gone. Also, a solid estate plan can even benefit you while you are still alive. Unfortunately, myths surrounding estate planning can prevent people from making...
FAQ about Medicaid planning
The expense of long-term elderly care often costs more than most families have available. Instead of relying on life savings or home equity, Medicaid is available to pay for this resource. However, Medicaid only provides long-term nursing home coverage to low-income...
4 estate planning mistakes you will want to avoid
Perhaps you are new to estate planning and are thinking about creating your will while taking a look at other tools such as a trust or powers of attorney. Preparing for the future is important for anyone, but here are four estate planning mistakes you should avoid. 1....
How should you discuss estate planning with your elderly parents?
When thinking of important topics that impact your elderly parents, you may shy away from starting a discussion out of fear or confusion. Taking the first steps when talking about estate planning with them can help you both become more organized. Following a few tips...
What should young families understand about estate planning?
The birth of your child can leave you with many big questions, some of which may be about their future and yours. When thinking about estate planning, you could wonder what the benefits are when you just had a young child. Learning more about what new parents need and...