Estate Planning
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Wills/Trusts
We make plans for our entire life, but what about after life? Wills are the most precious and valuable of any asset a person can have. By executing a testamentary will, you retain the power of choosing how your assets will be handle and passed on when you passover. Louisiana provides two types of valid testamentary wills; olographic and notarial. There are certain requirements for the validation of a notarial will that are not required for an olographic will. Trust accounts and beneficiaries can also be established within the will to further protect the legatees’ assets once the transfer of property is made. If you would like to know more and discuss options, book your free consultation with ATJ today.
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Successions
Nothing is more important than family. When a loved one passes on, and the grieving continues, there are discussions about what to do with the property and belongings. If a valid will exists, the will can be probated in court and the assets distributed according to the language in the will. Without a valid will, Louisiana law provides its own remedy by which the assets will go to the decedent’s heirs. In cases that involve property, depending on the value, an heir with an interest in the property could open a small succession to have the property transferred to them. With any claims or actions filed in court, there are procedural requirements and necessary documentation involved. If you are a person with an interest as an heir, book your free consultation with ATJ to find out the best options for you.