Do You Need a Trust?: Estate Planning Q&A
According to the 2023 Wills and Estate Planning Survey by Caring.com, only 34 percent of Americans have an estate plan.The primary reasons respondents gave for not participating in estate [...]
How to Give Gifts to Your Grandchildren
Gifting assets to your grandchildren can do more than help your descendants get a good start in life — it can also reduce the size of your estate and the tax that will be due upon your [...]
What Is a Directed Trust and What Are Its Benefits?
Directed trusts can be a useful estate planning tool, allowing you to place your family’s assets in a trust but benefit from the expertise of an advisor who knows more about the handling of [...]
Planning for Pringle
When my daughter moved to Texas and began to build her own family, she never imagined that family would include four dogs. When she decided to move home, she and her husband packed up their [...]
Medicaid Planning with Trusts: Part II
As we discussed last month, irrevocable trusts are legal documents that you cannot remove assets from and whose terms you cannot change the trust is established. These are most often created for [...]
Ask Our Baton Rouge Trust Lawyers: “Is It Hard to Sell Property That’s in a Trust?”
A common question that Baton Rouge trust lawyers are asked when helping clients create their estate plans is, “How hard will it be to sell my house if I put it in a trust?”The simple answer is [...]
Baton Rouge Trust Lawyers: Avoid These Common Estate Planning Mistakes
Young or old, estate planning is a responsibility we all have. However, only about half of all Americans with children have a will or trust to direct how their children should be cared for and [...]
Baton Rouge Trust Attorneys Explain the Responsibilities of a Trustee
Whether you’ve been asked to be the trustee of a loved one’s trust or you’re in the process of choosing someone to act as your own trustee, it helps to understand what is expected of a trustee. [...]
Baton Rouge Estate Attorneys: Can My Child’s Spouse Ever End Up with My Family’s Money?
As Baton Rouge estate attorneys, our clients regularly ask, if our child passed away, what rights would the son-in-law or daughter-in-law have to family inherited property? Some clients want to [...]
Special Needs Legislative Update: The Special Needs Trust Fairness and the ABLE Acts
Special Needs Legislative Update A new year is an excellent time to take stock and take care of planning. In recent years, some changes have been made in the law that may help those looking to [...]