Progeny Law Firm

Although many Estate Plans have a Revocable Trust as the foundation for the plan, Wills play an important role in a comprehensive Estate Plan. Alarmingly, most Americans don’t have a Will even though they know it’s important. As National Make a Will month comes to a close, let’s explore the often overlooked and neglected Estate Planning document, the Will. The post National Make-a-Will Month appeared first on Progeny Law Firm. http://dlvr.it/TMdcLZ

Jimmy Buffett’s brand of music inspired a way of life dedicated to relaxing. A trip to Key West, Florida embodies everything Jimmy held dear and serves as the backdrop to many of his songs. More than one city hosts a restaurant titled after his hit song, “Margaritaville.” While Buffett appeared to live a carefree lifestyle full of fun, his 2023 death alerted us that his passing left some issues unresolved. The post No More Cheeseburgers in Paradise appeared first on Progeny Law Firm. http://dlvr.it/TMTPXr

While summer gives us pools, barbecues, and a break from the usual grind, it also provides an opportunity to undertake some necessary Estate Planning, especially for young adults heading off to college. The post Graduation . . . What’s Next? appeared first on Progeny Law Firm. http://dlvr.it/TMLjZh

Every year, people across the country discover they’ve inherited property in Louisiana—whether it’s a family home, a piece of rural land, or an interest in a business. But if you live in another state, inheriting assets located in Louisiana isn’t always straightforward. That’s because Louisiana follows a unique legal system and is based on civil […] The post Out-of-State Heirs and Louisiana Succession: What They Need to Know appeared first on Progeny Law Firm. http://dlvr.it/TM6VF8

When someone dies in Louisiana without a will—or even with one that doesn’t clearly assign property—multiple heirs often inherit undivided interests in real estate. While it might sound fair on paper, this arrangement can quickly become a legal and emotional nightmare. Undivided co-ownership, or ownership in indivision, means that each heir owns a share of […] The post The Trouble with Undivided Property: Why Co-Owned Inheritance Often Leads to Conflict appeared first on Progeny Law Firm. http://dlvr.it/TM00TF

Estate planning can be complicated in any family, but it becomes particularly challenging in blended families—especially in Louisiana, where forced heirship and unique community property laws create additional legal hurdles. Many people enter second or third marriages with the belief that they can simply “leave everything to their spouse,” not realizing that Louisiana law often […] The post Blended Families and Forced Heirship: Estate Planning Traps in Second Marriages appeared first on Progeny Law Firm. http://dlvr.it/TLsTG4