Louisiana has very strict laws dictating what happens to a person’s property upon his or her death. Succession is a process through which a deceased person’s estate is settled. It involves gathering all the person’s assets, paying off debts and liabilities, and distributing the remaining property to any beneficiaries.
State law makes it very difficult — and often impossible — to prevent succession, particularly if the decedent owned real estate property, bank accounts, stocks or other assets. If you are a beneficiary, trustee or other party involved in the administration of an estate, an experienced attorney can help you determine if succession is necessary and how to proceed.
Knowing that succession is virtually inevitable, it is wise to develop an estate plan that minimizes the government’s involvement in your personal affairs. Without any will or trust in place, your assets will be distributed according to state law, with no regard for your personal wishes. At the Rowe & Manning Law Firm LLC, we can empower you to make decisions for your loved ones.
If you are planning for your own future, there are steps you can take to make the process easier for the loved ones you leave behind. Using a variety of estate planning tools such as wills and trusts, we will help you create a plan that meets your goals and protects the interests of your loved ones.
The people you love are too important to leave without a plan in the event of your death. Take care of them now and into the future by calling our trusted law firm for an initial consultation.
We always return phone calls promptly because we know that your concerns deserve our immediate attention. To arrange an appointment and learn more about succession, please contact us via email or call our Baton Rouge office at 225-452-4408.