Beneficiary Designations ⋆ Estate Planning Lawyer ⋆ Vicknair Law Firm

Should I have a Discretionary Trust in My Estate Plan?

April 4, 2022

A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries that portions out trust funds over time and under certain circumstances, usually due to the client’s concern that the beneficiary (usually their child) may get divorced, go through a bankruptcy, or the beneficiary has been addicted to chemical substances. The discretionary trust prevents access to trust funds all at once.

Can You Set Up a Trust After Death?

March 8, 2022

In estate planning, the use of trusts to manage the distribution of assets is becoming increasingly more common. However, for many people, the idea of setting up a trust during his or her lifetime is overwhelming and perhaps even unnecessary.

Do I Need an Attorney for Probate?

March 7, 2022

A competent elder law or estate attorney can discuss and use, where appropriate, such provisions as the family exemption, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.

How Do I Give Assets to Minor Grandchildren in My Will?

February 26, 2022

You have many options to make sure your wishes are followed after you die.

How to Avoid Giving Estate to Your Ex

February 4, 2022

Louisiana law provides that once a married couple is divorced, the ex-spouse loses all rights under the will, but there are other ways your ex-sposue could inherit your assets.

IRAs and 401(k) when Spouse Dies

February 2, 2022

The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago and the scheduled 50% reduction in the size of the federal estate tax exemption four years from now, has resulted in a renewed interest in estate planning for IRA and 401k accounts owned by married couples.

Blog Articles and Resources

Vicknair Law Firm

Should I have a Discretionary Trust in My Estate Plan?

Can You Set Up a Trust After Death?

Do I Need an Attorney for Probate?

How Do I Give Assets to Minor Grandchildren in My Will?

How to Avoid Giving Estate to Your Ex

IRAs and 401(k) when Spouse Dies

How Should I Handle an Inheritance?

What a Will Can and Cannot Do

Why Naming Beneficiaries Is Important to Your Estate Plan

Do I Get Ex’s 401(k) because I Was Named the Beneficiary?

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