Trusts, Estate Planning And Succession
We recognize that the passing of a loved one is a difficult time for the decedent’s family, and we want to make the process as simple as possible. Some probate administration processes may take at least six months to complete because of statutory requirements, while others can be resolved with a simple affidavit.
Don’t let an inexperienced lawyer add unnecessary months or years to the process. Based here in Alexandria, the law firm of Charles Elliott & Associates, LLC, can be a tremendous help to people who want to get their affairs in order or need help with the issues of estate administration.
Legal Services We Regularly Provide To Clients
We have extensive experience working with clients of all economic means on estate planning matters. We represent beneficiaries, trustees and personal representatives in estate litigation involving their rights and obligations under trusts and wills. We also litigate disputes involving fraudulent conveyances, lifetime transfers and the removal of fiduciaries.
Estate law encompasses a number of different legal and financial matters. These include:
- Drafting a will: A will is a document that traditionally determines how assets are distributed upon death. It can be used to name an executor, determine guardianship of young children, or name a health care proxy.
- Succession: Generally known in other states as probate, succession is the legal process of wrapping up the affairs of the deceased. In Louisiana, if the deceased died intestate (did not have a will) and their estate is worth less than $75,000, this can often be concluded with a simple affidavit.
- Trusts: Trusts are used in specific instances to transfer assets to an account that is administered by a trustee for the benefit of a specific beneficiary.
- Litigation: Wills and trusts can be challenged for various reasons, including family members not agreeing upon a course of action. Sometimes litigation is unavoidable.
- Power of attorney: This grants authority to someone else so they can make decisions about health care or financial matters if you were to become incapacitated.
Unsure What Your Estate Planning Needs Are? Call Us Today.
We can guide a parent who needs to determine guardianship for their children, or we can help retirees make arrangements to protect assets or manage estate tax issues. We can be reached by calling 318-266-7937 or through our Contact page.