estate planning Archives

Estate planning dispute: How much cash did the bread man have?

It's always unfortunate when loved ones argue after the head of a family and benefactor passes away. The estate planning process is often a means to avoid such disputes, especially if an estate owner was thorough and exact in the execution of a particular plan. Even when an estate plan exists, however, it does not always keep disagreements from arising among Louisiana families or others.

Estate planning not just for the rich and famous

Everybody is going to die sooner or later. Unfortunately, only some have taken steps to address estate planning. Some have every intention on doing so, but procrastinate for one reason or other. Others want very much to develop a plan but aren't sure what to do or where to turn for help.

You can use estate planning to direct your medical care

Do you feel strongly one way or the other about certain types of extraneous medical care regarding life or death situations? In such circumstances, Louisiana first responders, doctors, nurses, etc., will administer any and all care available and necessary to your survival. However, if there are certain types of medical treatment you do not wish to undergo, you may not be able to make your wishes known if you are incapacitated; that's why it's typically best to put your instructions in writing ahead of time, through careful estate planning.

Jerry Lewis made some estate planning changes before he died

Jerry Lewis, famous actor and comedian of many years, died at age 91 from heart failure. In 2012, however, he executed some estate planning documents that included a final will and testament. The contents of his will were recently published and information contained therein may surprise many Louisiana readers.

Thorough estate planning may help avoid disputes like this one

Many Hollywood entertainment fans in Louisiana were shocked and saddened when former television star Alan Thicke suddenly collapsed while playing ice hockey and died from a ruptured aorta. Since his death, his sons and his third wife have been fighting over his estate. The situation may prompt some readers to be very specific and thorough when navigating the estate planning process if they hope to help their families avoid similar problems.

Major estate planning mistakes many Louisiana residents make

Some people don't like to talk about their own mortality, and they may avoid the topic as best they can. Others understand that estate planning is a valuable tool that can be be used to protect their assets, as well as make known their final wishes and instructions regarding their property, assets, medical care and financial issues. There are several common mistakes that many Louisiana residents (and others throughout the nation) make, however, that are to be avoided whenever possible.

What's the state of your current estate planning process?

If you read the title to this post and thought it might not apply to you because you do not have an actual estate plan in place, you are likely not the only Louisiana reader to do so. However, there's no time like the present (as they say) to think of such things as it always takes a first idea and/or discussion to get the ball rolling. If making sure your final wishes regarding finances, assets and health care are honored is important to you, then you'll want to keep reading.

Legal guardianship can be incorporated into estate planning goals

Whether a person was recently married in Lake Charles or has already celebrated several anniversaries and is fully engaged in Louisiana family life, thoughts of the future and how to protect assets and provide for loved ones has likely entered his or her mind from time to time. The estate planning process is a means to this end and can be customized to meet individual needs and goals for the future. Parents are often particularly concerned about who will raise their children if something happens that renders them incapable.

Estate planning problems reportedly resolved among Feil siblings

In 2006, Gertrude Feil died, leaving her children an inheritance reportedly worth billions. The problem is the siblings disagreed over several estate planning issues, such as which one of them should be in charge, as well as how profits from multiple real estate properties they inherited should be divided as time goes on. When family disagreements like this arise after an estate owner dies in Lake Charles or elsewhere in Louisiana, achieving amicable solutions can be quite challenging.

Estate planning documents vary, but here are the top 4

Executing a plan for protecting your assets and providing for your loved ones' future is a process that is highly customizable. Estate planning is a topic many Lake Charles residents avoid, while others understand its many benefits and begin as early as possible to prepare their own plans. Doing so often includes seeking guidance from experienced probate and administration attorneys.

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