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Cracked Concrete Wall

ESTATE PLANNING

Preparing for the future is important in all aspects of life. It is not a matter of if, it's when. Have you written down your wishes for your children and or family? 

 

 A succession is the process of settling a deceased person’s estate and distributing the property to the heirs after the debts are paid. This process is called probate in other states. The term “succession” may also be used to refer to the estate a person leaves behind at death.

Let us walk you through the process! 

Order of Inheritance in Louisiana Without A Will

Community Property

1. To children (or their descendants, if the children are deceased), with a usufruct to the surviving spouse. If no children, then

2. To the surviving spouse. If there is no surviving spouse, then

3. To parents. If there are no parents, then

Separate Property

1. To children (or their descendants, if children are deceased). If no children, then.

2. To brothers and sisters (or if any of them are deceased, their descendants) with a usufruct to the living parent(s). If no brothers or sisters (or their descendants) are alive, then

3. Estate is treated as separate property and passes as noted in “Separate Property” column.

 

4. To spouse. If there is no spouse, then

5. To grandparents or other ascendants. If nobody exists in this group, then

6. To nearest relative. If nobody exists in this group, then

7. To State of Louisiana.

OFFICE / 3835 Elysian Fields Avenue New Orleans, LA 70122

PHONE / 504-399-9000

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