What Happens to a Joint Bank Account When One Owner Dies in Louisiana?
When one owner of a joint bank account dies in Louisiana, the surviving owner's rights usually depend on the written agreement governing the account. Unlike many other states, Louisiana law does not automatically treat a surviving joint account holder as the owner of the remaining funds simply because both names appear on...
Asset Inventory Tips During Succession
Putting together an accurate inventory of assets can make a big difference during the succession process in Louisiana. When a loved one passes away, gathering information about what they owned—and what they owed—is one of the first steps in settling the estate. It doesn’t have to be overwhelming. With the right approach...
How to Minimize or Simplify Succession: Strategies for a Seamless Transfer of Assets
Succession (Louisiana’s term for probate you hear in other states) can feel like a complicated and lengthy process, especially when it comes at a time when families are already dealing with loss. With the right planning, however, there are ways to make things easier for your loved ones. By taking...
