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Not so very long ago prenuptial agreements were broadly frowned upon. The concern was that if a couple was drawing up a document that would safeguard each individual’s interests in the event of divorce, there must be some significant doubt on the part of one or both...
People sometimes think that, once they have an estate plan in place, they can forget about it. They know that it’s important to make the plan, but they consider making it to be the only step they really have to take. After that, their financial future is secure. But...
People who have worked hard to build up a retirement account enjoy the security of knowing they’ll have it to enjoy life. A divorce is one situation that can impact the money in these accounts. Unless both parties have retirement accounts of similar value, an account...
Losing a loved one is a very difficult experience, especially if it is a parent or other close member of one’s family of origin or choice. The grief that people experience may affect their behavior for months and could even leave to permanent changes in their...
Parents often leave the bulk of their estate to their adult children – especially if their spouse has predeceased them or they’re divorced. However, an adult child typically doesn’t have a legal claim to any of a parent’s assets if that parent didn’t include them in...
Partners entering marriage should discuss crucial subjects to avoid misunderstandings in the future. However, some conversations can be challenging to have. And one of them is prenuptial agreements. Many people think that talking about prenups feels like planning for...
Divorce, undoubtedly, can be an emotional rollercoaster. Yet, the emotional turbulence is often just one facet of a more significant, multifaceted ordeal. A particularly crucial, albeit often overlooked, aspect of divorce is its potential impact on credit. A deeper...
A situation may arise in the future where you become incapacitated. You need medical decisions to be made, but you can’t do it yourself. This is one of the major reasons why people will begin the estate planning process. They want a plan in place in case this scenario...
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...
A good estate plan, including a will, can help ensure that your final wishes are fulfilled after you pass away. For example, your will could clarify that your assets will be distributed to your spouse, children, siblings or loved ones. This can greatly help grieving...