So why should you consider a more comprehensive plan than just leaving an out-of-state vacation home in your will?
In certain cases, the Louisiana Affidavit of Small Succession can allow the transfer of property without a judicial succession, saving time and money. But strict qualification rules apply and it may not work in every situation even if you qualify. A similar form can be used to transfer titled vehicles, trailers (including mobile homes) and boats which is given to the DMV or Department of Wildlife and Fisheries.
When you set up your estate plan it is important to coordinate the legal planning documents that you or you and your attorney create with the document provided by your retirement account custodian and/or your life insurance carrier called a ‘Designation of Beneficiary.’