What Are the Drawbacks of Naming Beneficiaries?
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions. What Is a Beneficiary? Beneficiaries are individuals who you [...]
Estate Planning: 3 Things to Know About Being an Executor
An executor is a person or entity you choose to carry out your last wishes outlined in your will. Your executor should be someone you trust is responsible enough to manage your estate after you [...]
Using a Roth IRA as an Estate Planning Tool
A Roth IRA does not have to be used as just a retirement plan; it can also be a way to transfer assets tax-free to the next generation. Unlike a traditional IRA, contributions to a Roth IRA are [...]
Baton Rouge Estate Planning Lawyers: How to Avoid Probate with Pay On Death and Beneficiaries
There are several strategies available that Baton Rouge estate planning lawyers use to help seniors and their families avoid lengthy and costly probate proceedings, including adding someone who [...]