It’s important not to forget about your estate plan
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 this can be a major mistake....
It’s important not to forget about your estate plan Continue reading…How is a 401(k) handled during a divorce?
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 may have to be divided during the property division...
How is a 401(k) handled during a divorce? Continue reading…Can someone challenge a will because a parent excluded them?
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 personality. Sometimes, the pain of losing someone becomes harder...
Can someone challenge a will because a parent excluded them? Continue reading…Understanding the unique Louisiana doctrine of “forced heirship”
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 their will or other part of their estate plan...
Understanding the unique Louisiana doctrine of “forced heirship” Continue reading…3 tips for talking to your partner about a prenup
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 a divorce. But this doesn’t have to be your experience. The following are three tips for talking about...
3 tips for talking to your partner about a prenup Continue reading…How does divorce impact your credit?
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 understanding of how divorce proceedings can influence your credit score will aid you in safeguarding your financial future....
How does divorce impact your credit? Continue reading…3 options for making future medical decisions
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 plays out. But there are multiple...
3 options for making future medical decisions Continue reading…How personal debts can complicate the succession process
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 with the Louisiana courts, send notice out to parties with an interest in...
How personal debts can complicate the succession process Continue reading…Why should you consider a trust?
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 family members get through the difficult time following your death....
Why should you consider a trust? Continue reading…Can your prenup determine custody?
You’re going to get married, and you want to use a prenuptial agreement. Maybe you have significant assets already in your name, and you want to be sure that you protect them. For instance, this is sometimes done by business owners who want to make sure that there’s no chance they would lose the business...
Can your prenup determine custody? Continue reading…2 steps you can take to protect your California will from disputes
A will is one of the most important legal documents you can create. By drafting and signing a will, you are not only taking control of your legacy but you are also potentially safeguarding your loved ones’ futures. But your will can also become the subject of costly legal battles. Obviously, the last thing you...
2 steps you can take to protect your California will from disputes Continue reading…When should you modify a child custody order?
When parents who share a child divorce, the court will issue a custody decree. However, child custody is never cast in stone. Changes to the child custody and visitation order can be made when necessary. However, you may not petition the court for custody modification simply because you’re unhappy with the current ruling. The reasons for modification...
When should you modify a child custody order? Continue reading…