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 [...]
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 [...]
Passing assets to your grandchildren can be a great way to ensure their future is provided for, and a generation-skipping trust can help you accomplish this goal while reducing estate taxes and [...]
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 [...]
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 [...]
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 [...]
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 lawyers at Legacy Estate & Elder Law discuss effective ways to leave an inheritance to your children to ensure it’s used as you intend. Self-made billionaire [...]
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 [...]
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 [...]