Who Needs Estate Planning?

You should have an estate plan if you want to:

1. Make things simple for your loved ones to inherit your assets and you want to control who benefits from your estate after you die.
2. Minimize or avoid federal estate tax and Louisiana Inheritance tax when you die.
3. Control who your executor will be to oversee the distribution of your estate to your loved ones.
4. Avoid the depletion of your estate from the cost of long term care in a nursing home.
5. Control who raises your minor children if you die while your children are still young
6. Make certain that your child’s inheritance is divorce-proof
7. Take advantage of a simplified probate procedure that can save your heirs time, effort and money after you die

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