A succession is opened to get legal possession of immovable and movable property, and to gain access to bank accounts, pensions or insurance proceeds for the successors.
The legal possession of immovable property that results from a succession will give the successors the power to sell the property, refinance, and qualify for the homestead exemption.
Ronald “Chip” Morrison, Jr. is a Board Certified Estate Planning Law Specialist as certified by the Louisiana Board of Legal Specialization. He is admitted to practice before all State courts in Louisiana. He is also admitted to practice before the United States District Court for the Eastern and Middle District of Louisiana.
Latest posts by Ronald "Chip" Morrison (see all)
- The Basics: Financial Power of Attorney - June 23, 2020
- Facing Reality: The Essence of Family Business Succession Planning - June 16, 2020
- Who can contest a will? - June 8, 2020
