News & Articles

Small Succession Procedure

Louisiana does have a provision for an out of court "small succession" but it has several requirements that do not apply to most estates. There can be no will or only a will which has been probated in another state, the heirs are the children, parents and/or brothers...

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Transfer On Death – Not So Fast!

At the current time Louisiana only recognizes transfer on death with a bank account specifically titled as a "Pay on death" account. There is no provision in Louisiana for the transfer on death of stocks and bonds, mutual funds, other investments or interests in land....

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Do I Need A New Will?

The 1996 change to Louisiana's Constitution did away with forced heirship for children over 23 who are not disabled. This means that as of that date, a person could execute a will leaving all of their property to their spouse or to heirs other than their children....

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Living Trusts – Are They The Answer?

Not a day goes by without someone calling me for a "price" on a Living Trust. Often the caller has already decided that he needs a Living Trust and will not even consider discussing his reasons for wanting to set up a Living Trust, or the possible adverse consequences...

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Executors – Louisiana Style

Louisiana has several distinctive laws which can make the executor job easier. The first of those is the designation of the executor as "Independent." This allows the executor to sell property and make decisions regarding the management of estate assets without court...

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