Progeny Law Firm

More than one estate has boiled down to a fight over tangible personal property. Sometimes even if it lacks monetary value, it holds tremendous emotional significance for the beneficiaries. Maybe they remember Mom wearing a string of fake pearls or the no-name watch that Dad wore with pride. Things become more heated; however, when tangible personal property has value. Passing it on to beneficiaries requires a plan both during life and after death. The post The Purple Onion…an ode to Tangible Personal Property appeared first on Progeny Law Firm. http://dlvr.it/T7fjGY

A Power of Attorney (POA) is a legal document that grants one person (the agent) the authority to act on behalf of another person (the principal). A POA can cover various actions, from managing financial affairs to making healthcare decisions. Executing a POA is essential to estate planning and ensures that your financial and healthcare […] The post Why You Need a Power of Attorney in Louisiana appeared first on Progeny Law Firm. http://dlvr.it/T7ZDxt

When someone dies in Louisiana, an executor is often appointed to handle the deceased’s estate. An executor manages and settles the estate and distributes funds to beneficiaries. Executors are generally designated by a will and appointed by the court once all legal and procedural requirements have been met by the individual applying for executorship. The […] The post Louisiana Estate Executor Duties appeared first on Progeny Law Firm. http://dlvr.it/T6sTyS

Louisiana is one of the few U.S. states with community property laws. It’s essential to fully understand how these laws may affect your estate plan and what you can do to manage and protect your assets adequately.  Community property laws can be complicated, and you may feel uncertain about how they will affect your assets […] The post How Louisiana Community Property Law Can Affect Your Estate Plan appeared first on Progeny Law Firm. http://dlvr.it/T6Xn9h

Certain individuals have a knack for making headlines. Orenthal James Simpson was one of those people. He first made headlines for his talent on the football field. Later, he made them as an actor and broadcaster. In 1994, he made headlines when he was arrested for the murder of his former wife, Nicole Brown Simpson, and her friend, Ronald Goldman. Orenthal James Simpson died on April 10, 2024, and with his death, his presumed Executor made headlines, perhaps for the last time for the “Juice.” The post The “Juice” and an Executor’s Duties appeared first on Progeny Law Firm. http://dlvr.it/T6W5Ds