Three Tips for Setting Up a Trust Under Estate Law in Louisiana

A trust is a fiduciary arrangement that allows a trustee to control assets on behalf of named beneficiaries. The benefit of trusts is that the holder of a trust can express exactly how and when assets pass to beneficiaries or limit the use of the funds to particular expenses. [Read more...]

The Basics Behind Louisiana’s Forced Heirship Estate Planning Law

In the state of Louisiana, a forced heir can be entitled to part of a decedent’s estate. A Louisiana forced heir could include a child who is under the age of 24 at the time the decedent passes away, a decedent’s child who is permanently incapacitated regardless of the child’s age, or the grandchildren of the decedent if the parent passed away prior to the decedent and that parent would have been younger than 24 at the time the decedent died or if the grandchild is permanently incapacitated. [Read more...]