首頁 >> 律師商城詳細


Wills/Trusts/Probate

Louisiana County Selection Map

   
 
 
 
Caddo ParishBossier ParishWebster ParishClaiborne ParishUnion ParishMorehouse ParishWest Carroll ParishEast Carroll ParishLincoln ParishOuachita ParishRichland ParishBienville ParishMadison ParishJackson ParishFranklin ParishDe Soto ParishCaldwell ParishRed River ParishTensas ParishMadison ParishNatchitoches ParishWinn ParishCatahoula ParishLa Salle ParishSabine ParishGrant ParishConcordia ParishRapides ParishVernon ParishAvoyelles ParishWest Feliciana ParishPointe Coupee ParishWashington ParishEvangeline ParishTangipahoa ParishSt. Helena ParishEast Feliciana ParishWest Feliciana ParishAllen ParishBeauregard ParishSt. Landry ParishEast Baton Rouge ParishSt. Tammany ParishWest Baton Rouge ParishLivingston ParishCalcasieu ParishSt. Martin ParishIberville ParishJefferson Davis ParishAcadia ParishLafayette ParishAscension ParishSt. John the Baptist ParishSt. Charles ParishJefferson ParishOrleans ParishSt. James ParishVermilion ParishIberia ParishSt. Bernard ParishAssumption ParishSt. Bernard ParishCameron ParishSt. Martin ParishSt. Mary ParishLafourche ParishPlaquemines ParishTerrebonne ParishIberia ParishJefferson ParishJefferson Parish  
Brief Introduction

Both wills and trusts are important estate planning vehicles. Estate planning is one of the most important steps any person can take to make sure that their final property and health care wishes are honored, and that loved ones are provided for in their absence. The purpose of estate planning is to have your affairs handled according to your wishes, minimize taxes your estate should pay, and to avoid probate.

Wills are the most basic estate planning tool. You can use a will to designate the distribution of your property, and name guardians for your minor children and an adult called executor to handle your estate after your death.
Trusts are a kind of artificial legal entity that can hold property. The trustor executes a trust document, transfer some property into the trust, and designate trustees and beneficiaries. The trustees manage the trust and distribute the trust property to beneficiaries according to the trust document. Trust property can avoid probate, so many people choose trusts when they make their estate planning. The most common kinds of trusts are living trust and testamentary trust.
Probate is the process by which legal title of property is transferred from the decedent's estate to his/her beneficiaries. Since you can't take it with you, the court determines who gets it.
If a person dies with a Will ("testate"), the probate court determines if the Will is valid, hears any objections to the Will, orders that creditors be paid and supervises the process to assure that property remaining is distributed in accordance with the terms and conditions of the Will.
If a person dies without a Will ("intestate"), the probate court appoints a person to receive all claims against the estate, pay creditors and then distribute all remaining property in accordance with the laws of the state. The major difference between dying testate and dying intestate is that an intestate estate is distributed to beneficiaries in accordance with the distribution plan established by state law; a testate estate (after payment of debts, taxes and costs of administration) is distributed in accordance with the instructions provided by the decedent in his/her Will.

關閉 在線客服 USLawChina微信
掃一掃 諮詢更便利
跨國 搬家 遷廠 貨運