As we approach the end of the year, it’s a good time to think about updating your plan. This includes your entire plan, including your primary vehicle, such as a trust or will. Read on to learn more. … [Read more...]
Common Mistakes in Estate Planning
We have all heard about estate planning. But many of us have misconceptions. We think “But, that’s for other people, right?” Wrong. Estate planning is for everyone. It is for the young and the old, the healthy, and the ill. In short, estate planning is life planning. Estate planning is for everyone. Even the young and healthy need estate planning to prepare for unexpected illness or injury by having powers of attorney and other plans in … [Read more...]
The Impact of Dying Without an Estate Plan in Louisiana
Most of us expect that tomorrow will be another day like any other. But, as Euripides said, “no one can confidently say that he will still be living tomorrow.” In fact, thousands of people die in the United States every single day. Some of them die from long-term illnesses. But, many of them die unexpectedly from accidents, heart attacks, and other tragedies. Let’s look at what would happen if you died without planning in advance. First, if your death were preceded by a period of … [Read more...]
5 Estate Planning Moves to Make Before Year-End
As the year draws to a close, it’s time to take one final look at your finances and your estate plan. This will help you not only tie up any loose ends before December 31st but planning now will also help you start the new year off on a solid foundation. Here are a few year-end moves to consider making: ✅Update beneficiary designations - If you still have an ex-spouse listed on your life insurance or retirement accounts, or a loved one who has already passed away, you’ll want … [Read more...]
Metairie Estate Planning Attorney Attends Exclusive Online Legal Conference
Esteemed Metairie estate planning and elder law attorney, Chip Morrison, participated in the second online rendition of one of the nation’s premier estate planning legal conferences from October 6-11, 2020. The American Academy of Estate Planning Attorneys hosted their 27th annual Fall Summit online, which included attorneys from qualified estate planning law firms from around the country. The American Academy of Estate Planning Attorneys continued to heed the CDC’s recommendations to avoid … [Read more...]
