Instead of thinking about chocolates or flowers this Valentine’s Day, let’s focus on a practical way to demonstrate our love by creating an Estate Plan. If you don’t yet have an estate plan, now’s a great time to make an appointment with an Estate Planning attorney to talk about your particular situation, along with your goals and any long-term concerns that you may have. If you already have an Estate Plan, demonstrate your love by ensuring that the plan accomplishes your objectives. If the plan … [Read more...]
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Remarriage: Treat Your New Spouse Like Royalty
Blended families can be challenging in many ways. In many ways, you are forging a new path. You have commitments and responsibilities from your prior relationship (such as your children) and now you are taking on new commitments and responsibilities in this new relationship (such as to your new spouse). Often, issues arise when spouses enter a marriage where there are children from a prior relationship. Typically, you want to care for the new spouse without leaving out your … [Read more...]
Neither Age Nor Health Determines Whether You Need an Estate Plan
There’s an oft-cited, paraphrased quote attributed to George Bernard Shaw: “Youth is wasted on the young.” In many ways it’s true. When we are young, we rarely appreciate the beautiful gift of youth. We waste our talents and time on unworthy endeavors, at least most of us. There are a select few on whom youth is not wasted. Olympians belong in that select group. Olympic hopefuls devote hours upon hours to training, travel long distances to compete, and do it with injuries that would sideline the … [Read more...]
Exploring the Many Issues Surrounding the Estate and Trust of Richard Blum – Part Three
The first part of this three-part series explored the issues raised by the first lawsuit. The second part delved into the issues raised by the second lawsuit. This third part will explore the issues raised by the third, and perhaps most detrimental, lawsuit. Richard and Dianne were married in 1980 and lived together in the community property state of California until Richard’s death in February 2022. During their marriage, Richard created the Richard C. Blum Revocable Trust dated January 9, … [Read more...]
Navigating Probate and Succession Challenges in Nontraditional Families: A Growing Reality in America
In recent years, the landscape of American families has undergone significant changes, with nontraditional family structures becoming increasingly prevalent. As these diverse family dynamics become the new norm, it's essential to explore the unique challenges that arise, particularly in the context of succession proceedings. Succession, the legal process of administering a deceased person's estate in Louisiana, can be particularly intricate, and these complexities take on new dimensions when … [Read more...]
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