When a person postpones creating a will or trust, they risk creating problems for family members after their death. These problems can potentially range from incurring estate tax liabilities to disputes over who will receive the assets of the estate or care for the decedent’s children. These problems and disputes are financially and emotionally taxing on loved ones; effective estate planning helps you assist your loved ones in avoiding unnecessary strain at a time that is already stressful.
Estate planning is an important area of law that enables you to settle your estate in a manner that maximizes the financial security of your loved ones. By forecasting and planning for the unexpected, you can ensure that your wishes are carried out according to your preferences and the needs of your family.
At Dutel Law Firm, we assist individuals in a variety of estate planning and succession matters, including the following:
Wills, including simple and complex wills
With our experience, we can assist you in preparing your will according to your specific preferences, needs and concerns. We customize estate planning for each client. In the event that your circumstances change, we will help you update your will or prepare a codicil to reflect your new wishes.
Trusts, including complex trusts
We have the experience to create revocable and irrevocable trusts and other complex, tax-sensitive trusts to meet your estate planning needs. We also provide ongoing assistance to trustees in managing trusts.
Our attorneys can assist you in the administration of your loved one’s estate, whether he or she died testate (with a will) or intestate (without leaving a valid will), and guide you through the probate process.
Powers of Attorney
For decades, our attorneys have safeguarded the wishes of our clients and provided a plan in the event of their incapacity, through the creation of powers of attorney. We handle both medical and financial powers of attorney.
If your final wishes are to be cremated, we can prepare a cremation authorization in conformity with the current Louisiana statutes as part of your estate planning.
Business Succession Planning
Our attorneys help business owners develop plans to transfer their business interests upon retirement or death.
Please contact us today to schedule an estate planning consultation.