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

Making The Complex Understandable

Estate Planning Archives

Reciprocal wills may be part of a couple's estate plan

Estate planning is not just for rich people. There are many reasons why most of the less wealthy residents of Louisiana would also benefit from an estate plan. One strong motivator would be if there are minor children. In that situation, the parents would make out mutually reciprocal wills, leaving their estates to each other and then to the children, usually in equal shares, in the event that both parents are deceased.

What happens if you don't have an estate plan when you die?

It's a fact that many people don't prepare for their deaths with an estate plan. Some may not have planned because their deaths were unexpected, but others have been old enough to know that an estate plan was necessary. Having an estate plan is important for a number of reasons, and not taking the time to plan could hurt your family later.

Adding an ethical will to the estate planning approach

When most people think about creating their estate plan, they focus on the more practical aspects. They may consider how to draft their will, whether to set up a trust, or how to structure a power of attorney. Little thought is given to the more emotional aspects of estate planning, but those are the details that often mean the most to those left behind when a Louisiana resident passes away.

Serving Orleans, St. Tammany, Jefferson, St. Bernard, Washington, St. John the Baptist, St. Charles and Plaquemines Parishes
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