Estate Planning Lawyer in Shreveport, LA
If you’re looking for an estate planning lawyer in Shreveport, Louisiana, Theus Law Offices is here to help. Reaching out to an estate planning lawyer is the first step to being prepared for any emergency, and it can greatly benefit your friends and family. No matter how old you are, or how stable your health is, planning an estate is an important process that ensures your loved ones know how to proceed in the event of your death or incapacitation. An unexpected death can cause a crush of emotions that can cloud judgement and split families and friends apart, so it’s essential to do all you can to prevent the stress, frustration, anger, that can complicate the process of dividing your estate to your beneficiaries.
Death isn’t something many of us like to think about – especially our own. However, it’s important to remember that when you plan your estate, you’re doing it for more than just your peace of mind. Ensuring your estate is properly planned out makes processing your passing much easier for your family and friends, and it is the best way to ensure the right people are rewarded the right assets once you’re gone. Without a properly planned estate, your loved ones will have a much more difficult time dealing with your belongings, investments, and debts.
What Happens Without a Will?
If you fail to draft a will, there may be a bitter battle for any inheritance you leave behind. A will establishes who has durable power of attorney: Who is in charge of ensuring the assets are divided up properly between beneficiaries. A will also establishes beneficiaries, and without any instructions to follow after your death, your assets will go right into the hands of the state. This doesn’t mean the state will own everything you’ve worked hard for – but it does mean the state has the authority to distribute your assets however it sees fit.
The state usually appoints a representative to distribute your assets if you have failed to draft a will. While this is typically a spouse or a child, things get complicated if you were ever divorced. If you went through a particularly bitter divorce, but later remarried, who should have the right to choose your beneficiaries and to distribute your assets – your ex, or your most recent spouse? In the eyes of the state, the answer may not be as clear as you’d hope. Fortunately, if you reach out to an estate planning lawyer in Shreveport, LA, you can make sure this sort of difficulty never surfaces.
What an Estate Planning Lawyer Can Do for You
Dying without a will leaves your friends and family vulnerable in a time of grief. You should allow them to properly mourn, instead of forcing them into a situation in which they’ll have to fight through a lengthy (and damaging) legal battle to get their hands on whatever you’ve left behind. A will is more than just a document saying who gets what: It’s a plan to help your loved ones move on, and it’s important to get in touch with an estate planning lawyer who can make sure your will is as clear as possible.
An estate planning lawyer is a valuable resource when it comes to making sure your family and friends are looked after upon your passing. A qualified attorney can walk you through the most important aspects of your will, and can provide information about what should (and will) happen to your estate once you die. It’s never too late to plan ahead: Get in touch with an experienced estate planning lawyer in Shreveport, LA, and see how Theus Law Offices can help you get prepared.