Nicaud & Sunseri Law Firm, LLC
Southshore: 504-662-9596
Northshore: 985-218-0494

Making The Complex Understandable

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March 2020 Archives

Estate planning: Converting IRAs in a volatile stock market

There has been a sell-off taking place in the stock market recently and that could actually be good news for those planning their estates. Louisiana residents who own stocks and who are thinking about estate planning should know there are ways to turn what most view as a negative situation into a more positive one by considering the ways the market downturn might be used to increase after-tax wealth, analysts say. One opportunity in particular may be of financial help and that's the conversion of a traditional IRA into a Roth IRA.

Estate planning that keeps the peace among beneficiaries

One of the last things people want is having family members fight over their assets after they've died. Good estate planning is a primary key to ensure that doesn't happen. There is help for Louisiana residents who want to keep the peace in their families when it's time for their estate planning documents to be invoked. Knowing what a thorough estate plan includes is one way of keeping squabbles at bay.

Elder law: Why a letter of competency is so crucial

Some documents are absolutely necessary for seniors to have in their portfolios or estate plans. Louisiana elder law paves the way for seniors who are still able to make their own decisions. One of the most important documents to have is a letter of competency. It could mean the difference between having a valid will and one that could be contested.

Continuing Tutorship

A Continuing Tutorship is a legal process whereby the court decides that your child will not be competent to make decisions after he or she reaches 18 years old. Continuing tutorships are usually for children with special needs or disabilities who will be impaired from making their own decisions as an adult. Once a disabled child turns 18, the child is considered an adult and the parent may no longer make medical and financial decisions for the child.

Estate planning in Louisiana is important at every life stage

People who are busy with life, families and enjoying making memories rarely think about all that coming to a screeching halt one day. But at some point Louisiana residents should take time out of their busy lives to plan for the inevitable and that means devoting some time to estate planning. Estate plans aren't only for people in mid to late life, nor do they consist of just having a will. In fact, people in all stages of life would do well to have a comprehensive plan in place.

Hidden assets can come with serious ramifications in a divorce

Chances are that couples ending their marriages may have not always been honest with each other on some important issues. That can certainly translate into the divorce arena, especially if the question of hidden assets arises. Louisiana residents who are divorcing should always disclose their assets to a soon-to-be former spouse -- primarily because it's the law and also because the consequences for not doing so could be severe.

Serving Orleans, St. Tammany, Jefferson, St. Bernard, Washington, St. John the Baptist, St. Charles and Plaquemines Parishes
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Metairie Office
3000 18th Street
Metairie, LA 70002

Phone: 504-662-9596
Fax: 504-833-2843
Metairie Law Office Map

Covington Office
7020 Highway 190 West Service Rd
Suite A-104
Covington, LA 70433

Phone: 985-218-0494
Fax: 985-624-9698
Covington Law Office Map