Planning For The Years Ahead
When it comes to taking care of your family, preparing for the future is essential. Making decisions and clarifying your wishes in advance is one of the most critical components of planning ahead. Estate planning, including wills and trusts, will ease the significant burden on your family. By taking the time now to make these choices, you give your family the gift of peace of mind.
At De St. Germain Law Office, we are dedicated to providing family law services to our Slidell clients at every point in their lives. We offer the support and guidance you need to make difficult decisions during each stage of your life. Whether you want to make sure you have appointed the best person as a guardian for your young children, or you want to ensure your adult children can avoid a complicated probate process (succession) by setting up a trust, our attorneys have the knowledge and experience to help you make the decisions that are right for your family.
A Simple Will Can Protect Your Family
A last will and testament outlines important choices, such as naming an executor, distributing assets and appointment a guardian for minor children. Oftentimes, this is all a person will need in order to be prepared for the future.
A living will differs from a last will and testament in that it addresses issues that may occur while you are still living. You can outline your choices regarding end-of-life medical care and decisions in the event you are incapacitated.
What Types Of Trusts Are There?
Trusts are another option when it comes to making plans for the future. When you create a trust, you provide your beneficiaries with ease of avoiding a potentially complicated probate procedure, known as “succession” in Louisiana. Some types of trusts provide asset protection and tax benefits. Common trusts include:
- Revocable trusts: Revocable trusts are a more flexible option and allow you access to your assets while you are living.
- Irrevocable trusts: With an irrevocable trust, you are giving up control and ownership to the assets placed within the trust, which can protect them from such things as creditors and taxes. An irrevocable trust may also help individuals qualify for Medicaid.
- Special needs trusts: These trusts provide funds for a person with a disability without compromising their government benefits.
We Will Help You Make The Right Choices For Your Family
We want to make it as easy as possible for our clients to make long-term plans for their families, which is why we offer packages at reasonable fees that we can discuss with you in advance. We will help you protect your family’s best interest now and in the future, and by working with experienced attorneys, you can feel confident that the documents you create are legally binding in Louisiana.
When you are ready to take the next steps in protecting your family, please call our office at 877-393-6281 to set up a free initial consultation. We are also available via email for your convenience. Our lawyers look forward to helping you with all of your family law needs.
The attorneys at De St.Germain Law Office, LLC (“DSG”) will evaluate your goals and concerns to create an estate plan that is tailored to your specific needs to give you peace of mind. We bundle our services to make having a comprehensive and well thought out estate plan affordable.