3 03, 2023

Understanding the Difference Between Executors, Administrators, and Trustees

By |2023-03-03T10:38:24-06:00March 3rd, 2023|0 Comments

Louisiana trust and estate planners encounter three common legal roles regularly, the roles of Executor, Administrator, and Trustee. Clients often confuse these roles because the rights and responsibilities of the Executor, Administrator, and Trustee are similar. Additionally, the same person(s) often fills more than one of these roles simultaneously. For these reasons, examining the sometimes subtle differences between the three roles carries value for clients and potential clients. First, let's look at the role of Executor in Louisiana. Executors Executor is a term referring specifically to a person or entity named in your Last Will and Testament. The Executor is [...]

23 11, 2021

Should You Place Motor Vehicles in a Louisiana Living Trust?

By |2021-11-23T10:57:56-06:00November 23rd, 2021|0 Comments

Anyone who reads this blog consistently knows my practice advocates for the use of living trusts in Louisiana. For many families, living trusts create a more efficient estate settlement through their avoidance of the Louisiana probate process. Typically, we encourage families to transfer into trust only those assets that must pass through succession. These assets generally include real estate and non-retirement investment accounts. When it comes to motor vehicles, Louisiana estate planning attorneys diverge on whether these should be placed in trust. Your family can transfer cars and boats at death without the need for probate. The Louisiana Office of [...]

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