Louisiana Estate Planning and Elder Law
Information on estate planning and elder law, with a focus on Louisiana law.
Author: Laurie Kadair Redman is a solo practitioner in Baton Rouge, La. She also serves on the editorial board for the the ABA GP, Solo & Small Firm Practice Section's Solo newsletter.
Blawg Related Categories: Elder Law • Trusts & Estates • States • Louisiana • Solo / Small Firm
Recent Posts from Louisiana Estate Planning and Elder Law
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Family-Owned Businesses Owners not Preparing for the Future
First Steps Taken 75% of participants successfully moved control of the family business beyond the first generation to the second generation 25 % of businesses were in their third generation 78% expected the family to…
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Secure the Future of the Family Business - Draft a “Family Constitution”
Recently, two brothers, a sister and their parents - the owners of a $38 million manufacturing company, which manufactures specialty fuel tanks for construction and other equipment – held a weekend meeting in a…
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Writing a Memorandum of Intent for Your Special Needs Child
You’ve spent years learning every like and dislike of your special needs child and then it hits you – who will know this when I’m gone? ... In it you can express things that might…
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In Lieu of Flowers
For those of you who are regular readers or subscribers, you know I'm a big believer in leaving a legacy of your values as well as your assets. ... Ask them to include a request…
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Estate Planning and Divorce
Before the divorce is final, meet with your estate planning attorney to: Examine any powers of attorney (POA) in which you have named your current spouse and revise them to designate someone else as your…
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Pass on Your Real Wealth - Your Values
That's the largest intergenerational transfer of wealth in American history and increasing numbers of those transferring wealth are considering transferring their values as well as their dollars. ...It’s about an experience in life, an opportunity…
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Negative Inheritance?
According to Harry The term (which was likely first used in the study of economics by Boston University Professor Laurence Kotlikoff) describes the situation when the costs to children of caring for aging relatives…
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Not Convinced? What Happens in Louisiana When You Die Without a Will
Here's what it says: My community property goes to my spouse in usufruct (basically, the use of) and to my children in naked (underlying) ownership.... My separate property goes to my children and if…
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Tips for Choosing an Executor
However, if you have a large estate, fueding family members or even step children, you may want to select someone else.... The executor needs to be able to juggle a variety of tasks such…
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Tips for Choosing a Health Care Agent
Once you've decided to prepare a health care power of attorney, the next big decision is who to appoint as your health care decision-maker.... Tough-skinned: They can hold up under pressure from family that…