Myth Busting Louisiana Revocable Living Trusts
A revocable living trust (or “revocable trust) is a valuable tool for estate planning. A revocable trust is a legal agreement about passing assets, such as a home, from one person to another. The term “revocable” means the agreement can be ended or amended by the owner of the assets while they...
How to Protect Assets from Medicaid in Louisiana
Medicaid planning helps Louisiana families prepare for long-term care costs without losing more assets than necessary. Because Medicaid has strict income, asset, transfer, and estate recovery rules, the timing of your plan matters. The right strategy may involve exempt assets, trust planning, spend-down planning, annuities, promissory notes, or other lawful tools...
What Having an Incapacity Plan Can Accomplish
No one can predict the future, which means you never know what life may bring, and despite the fact that many people plan for their own deaths or those of their loved ones, it’s also important to consider the possibility of being alive but physically incapacitated. In such a state, you won’t...
