For young adults in Lake Charles, creating an estate plan can seem more than necessary. After all, what could a person with few assets and no dependents have to protect? As it turns out, quite a lot. Estate planning in early adulthood is essential for virtually everyone, even those who are young and healthy.
As a young person, perhaps just out of college and taking your first steps toward a satisfying career, you probably have a lot of goals for your future. Maybe you hope to marry, raise a family, start your own business and retire comfortably. If you are a careful planner, leaving little to chance, you may already have a path in mind for how to achieve some of those goals.
While some parents in Lake Charles prepare to send their children off to college or out into the world for their first "grown-up" jobs, others are traveling a somewhat different path. Parents of special needs parents often provide care for their children for much longer than average, and with that comes certain obstacles, particularly those related to finances. When used as part of estate planning, special needs trusts can greatly benefit everyone involved.
Louisiana police recently arrested a man they claim fled the scene of a pedestrian accident. The man in question is charged with a first offense for operating a vehicle while intoxicated, hit and run, careless operation, and more. These types of drunk driving allegations can be quite serious, and anyone in Lake Charles who is facing similar charges would be well advised to seek guidance where necessary.
Every year, couples across the Lake Charles area let out a deep sigh of relief as they finalize their divorces and move on with their lives. Unfortunately, many forget one last thing when wrapping up the loose ends of their old married lives -- their wills. Anyone who has experienced a major life change should revisit the estate planning process and make important updates as needed.