July 20, 2024

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Brief Discussion on the Different Estate Planning Laws in Louisiana

2 min read

In the United States, the different states have strict inheritance laws in place. These laws are so strict in some US states that the parents, children as well as grandchildren find themselves at the mercy of the spouse after the death of the husband. However, in the state of Louisiana the law prioritizes everyone in the family except the spouse who is allowed to keep that personal property which the husband and wife purchased recently.

Estate Planning Laws in Louisiana

Following are the estate planning laws in Louisiana:-

Louisiana Inheritance Laws

In Louisiana, in the absence of a valid will, the children inherit the property of their parents.  This may lead to hardships for the spouse who has the rights to own or access half the family property that was purchased at the time of marriage. In Louisiana the surviving spouse can find themselves sharing space with the children. In the absence of children the property is inherited by the parents, siblings or blood relatives.

Inheritance by Spouses

In the absence of a legal will, spouse inherits separate property if there are no living relatives. The spouse inherits the property if the entire property was purchased at the time of marriage.

Creating a Will

In Louisiana, creating a will is an important part of estate planning, particularly in cases where the property owner has a spouse. Planning early helps the estate planner to ensure that the spouse is able to live a life comfortably while coping with the loss of the original property owner. Writing an estate planning will is no difficult task in Louisiana State in the USA. All it requires is to clearly identify the different assets as well as their heirs. The will needs to be written as well as signed but no witnesses are needed to ensure the validity of the will.

There are different law firms in the Louisiana state which offers the potential clients high-quality estate planning services. These law firms hire Estate Planning Lawyer who is well-educated, qualified and experienced in estate planning. The attorneys help their clients to address different estate planning issues with great confidence. In this context it is important to say that for the clients who have a family implying spouse, estate planning is mandatory. There is estate planning law firms in Louisiana which maintains business website portals, highlighting different legal services that they offer to the clients.