Posts

Litigation…a Necessary Evil?

Image
Anyone creating an Estate Plan wants to ensure that the plan will work as intended and will withstand legal challenges. Sometimes though, beneficiaries need to bring a legal contest to enforce the terms of the decedent’s plan and force fiduciaries to act in accordance with their duties. This article examines a recent court case that could have ended in a failure of the decedent’s Estate Plan. The post Litigation…a Necessary Evil? appeared first on Progeny Law Firm. http://dlvr.it/TH26Jg

What the Trump Administration Could Mean for Your Estate Plan

Image
Any time a new administration takes the Oval Office, clients call upon Estate Planning attorneys to provide assurances and guidance regarding what’s going to happen. As one administration leaves and another enters, many clients become nervous about the potential changes the incoming administration wants to make. With this new administration, the more things change, the more they stay the same. The post What the Trump Administration Could Mean for Your Estate Plan appeared first on Progeny Law Firm. http://dlvr.it/TGvwtk

Now is a Good Time for a Donor Advised Fund

Image
As year-end approaches, many individuals look for ways to lower their income tax burden. Charitable contributions allow individuals to offset a portion of their income, but not all charitable contributions are created equally, and each has certain requirements to obtain the charitable deduction. Certain charitable-giving vehicles allow a donor to get more bang for their buck The post Now is a Good Time for a Donor Advised Fund appeared first on Progeny Law Firm. http://dlvr.it/TGmMqm

How to Manage Farm or Rural Property in Louisiana Succession

Image
Inheriting or transferring farm and rural property in Louisiana comes with unique challenges and opportunities. Unlike typical residential properties, farms and rural estates often have significant financial, historical, and sentimental value. Whether the property has been in the family for generations or was recently acquired, understanding the succession process is crucial to preserving its value […] The post How to Manage Farm or Rural Property in Louisiana Succession appeared first on Progeny Law Firm. http://dlvr.it/TGTvqt

Understanding Forced Heirship and Disinheritance in Louisiana: What You Need to Know

Image
Louisiana’s estate planning laws are unique compared to the rest of the United States, largely due to its system of forced heirship. This system, rooted in the state’s French and Spanish legal traditions, mandates that a portion of a deceased person’s estate must go to certain heirs. While forced heirship in Louisiana aims to protect […] The post Understanding Forced Heirship and Disinheritance in Louisiana: What You Need to Know appeared first on Progeny Law Firm. http://dlvr.it/TGLFZz

Pumpkin Kisses and Harvest Wishes

Image
As the spooky season transitions into the season of Thanksgiving, it’s important to remember our why. Most of us do what we do for our families and loved ones. As the holiday season approaches, do something that will have a lasting impact on your family. Create a comprehensive Estate Plan. Make sure that you take the time to consult a qualified Estate Planning attorney who can provide advice regarding all the elements necessary to complete your plan. The post Pumpkin Kisses and Harvest Wishes appeared first on Progeny Law Firm. http://dlvr.it/TGC3fQ

What Happens to Real Estate in Louisiana Succession: A Guide for Heirs and Executors

Image
When a loved one dies, managing their estate can be challenging, especially when real estate is involved. In Louisiana, handling real estate through succession (probate) involves specific steps that heirs and executors must follow to ensure that the property is transferred correctly. Understanding the legal requirements and knowing what to expect can make the process […] The post What Happens to Real Estate in Louisiana Succession: A Guide for Heirs and Executors appeared first on Progeny Law Firm. http://dlvr.it/TG4N06