Probate Lawyer Lafayette, LA

Succession Law Firm Lafayette, LAWhen you would like to learn more about succession planning and law, you should speak with a probate lawyer Lafayette, LA has trusted for years, like Theus Law Offices. We understand that succession planning can be complicated, especially as you are considering other aspects of estate planning. When you create a succession plan, you are deciding what will happen when you transfer your business ownership to another party. We can help lay the groundwork for you to make a decision that you are comfortable with and that allows you to know that your business will be in the right hands. Want to learn more about what we can do for you? Contact our office now. 

Is it important to have a succession plan? 

If someone has created an estate plan and wants to leave their business to a family member or a business partner they can trust, they may think it is as simple as mentioning this in a will or a trust. However, our Lafayette, Louisiana succession law firm attorneys know that creating a succession plan will lay out the details necessary for keeping the business successful. 

What kinds of things will I expect to have in my succession plan? 

It is important to remember that no one succession plan is going to have the same details that another will. Even businesses that sell similar products or serve the public in similar ways can vary greatly in what they have in their succession plans. When we work with clients, we want to discuss what you expect and hope to happen in various stages of succession:

  1. Your short-term plan
  2. Your long-term plan
  3. Your in-between or intermediate plan

You may be wondering why you wouldn’t just create a long-term plan. In the event that you want to name someone as key personnel but they will be out for a short period of time, a short-term plan will be helpful. On the other hand, an intermediate plan is advisable for the longer-term absence of key personnel (if someone you choose goes on maternity leave, for example). One of the main priorities of a succession plan is that it will name who the parties are who will be taking care of your clients and their accounts. 

Want to learn more about creating a business succession plan?

If you are interested in learning more about creating a succession plan that is right for you and your business, do not hesitate any further. Contact our office to speak with a probate lawyer in Lafayette, LA now. 

If you have any desires or wishes regarding your assets or estate, you should have an estate plan. Call a probate lawyer in Lafayette, LA today. 

At Theus Law Offices, we receive calls from people who’ve been misinformed about Wills, trusts, or the probate process. Much of this information comes from Hollywood or internet myths. We attempt to dispel what is wrong so as to lead prospective clients on the right path, and towards making the right decisions. In doing so, you can feel peace of mind in knowing everything is in order, and your heirs or loved ones will have directions on what you wish to happen upon your death or incapacitation. To learn more, call a probate lawyer in Lafayette, LA. 

The Role of a Probate Lawyer

A probate lawyer handles a broad range of estate-related issues. For example, he or she might draft wills, but they might also guide beneficiaries through the probate process, or litigate a dispute. Probate lawyers in Lafayette, LA can be invaluable, and make all parts of the estate planning process much easier.

Finding the Right Probate Lawyer

The probate process has been designed to be a streamlined process that individuals and families can do without the help of a lawyer. However, rarely is this possible. The system is difficult to navigate, confusing, time consuming, and expensive. Without a legal advocate, a small estate can experience challenges that are not easy to overcome. It is very common for beneficiaries to feel overwhelmed and confused. These feelings can impede on the grieving process; thereby, make way for new challenges that could be avoided. 

Make the Probate Process Easier 

By having a probate lawyer in Lafayette, LA on your side, you can feel peace of mind in knowing the process will go much smoother. A probate lawyer can represent:

  • Minor children who lost their parents
  • Elders who cannot meet at the law firm
  • Disabled adults living in a care facility
  • People who are disputing a will or estate plan
  • People who are facing a dispute filed by another person
  • Out of state representatives or executors
  • Individuals who are dealing with an intestate succession probate (no will existed)

Theus Law Offices: A Law Firm You Can Trust

If you have never gone through the probate process, you may feel unsure about what to do or how to proceed. An experienced lawyer from Theus Law Offices may be able to help you get started.  Call a probate lawyer in Lafayette, LA today.