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One of the reasons people start a family business is to create a legacy for future generations. However, much of that legacy depends on how well you plan for your company’s continuation after you are gone. You don’t want your hard work to die with you, which is why...
The succession process in Louisiana is often very lengthy. It can take months in most cases, and sometimes beneficiaries must wait more than a year before they can receive their inheritance. People tasked with overseeing the succession process have to file paperwork...
When someone takes the time to create an estate plan, they likely expect that their family members will abide by their final wishes. However, a significant number of estates in Louisiana end up litigated in court. Succession litigation involves someone asking the...
Handling succession court when your parents die is a big responsibility. They may have specifically named you in their estate planning documents as the person they wanted to settle their affairs, or you may have assumed the role through the courts. In either scenario,...