What You Should Know About Wills & Successions in Shreveport LA

The laws regarding wills and successions in Shreveport Louisiana are different than in other jurisdictions. The state of Louisiana has very strict laws determining the distribution of property after an individual has died. Regardless of how much money or property an individual owns, everyone should have a Last Will and Testament if they wish to have any control over what happens to their property upon their death. If you are interested in planning for your passing and have questions regarding wills and successions in Shreveport Louisiana, you should contact a local wills and successions attorney for a consultation. [Read more...]

How Wills & Successions in Shreveport LA Are Handled

Wills are an important part of estate planning as they allow individuals to determine how their assets should be handled upon their death. Successions in Shreveport Louisiana refers to the process that other states call “probate” which involves settling the decedent’s estate, paying off debts and distributing property to the rightful beneficiaries or heirs of the decedent. [Read more...]

Succession and Estate Law Disputes Related to Fiduciary Duty

In Louisiana, succession representatives are appointed by the courts to help administer and settle the succession or estate property. Executors are named by the decedent in a will and administrators are appointed by the court when there is no will. All succession representatives have fiduciary duties to the estate and the heirs and beneficiaries of the estate. Executors and Administrators are required to collect, preserve, and manage the property of the succession and estate; pay the debts of the estate; prepare an accounting of the succession property; and distribute property to the heirs or legatees. [Read more...]

How Are Wills Probated in Louisiana?

The process of probating a will in the state of Louisiana is the first step in a succession proceeding.  In the event that the decedent had a will, the will must be proven to be authentic.  Probate refers to the official process of authenticating the will for the succession process before placing the heirs or legatees into possession of the property left to them. [Read more...]

The Importance of Swift Action in Succession and Estate Law in Louisiana

Death is often traumatic for the survivors, and there is a natural disinclination to attend to business in the days and even weeks after a loved one has passed away. While this delay can convey respect and affection, it is often a bad idea from a legal point of view, especially if survivors will be dealing with succession and estate law in Louisiana going forward. [Read more...]