Iota Wills & Probate Lawyer, Louisiana, page 2

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Includes: Estate Administration, Living Wills, Wills

Gary J Ortego

Admiralty & Maritime, Wills & Probate, Products Liability, Personal Injury
Status:  In Good Standing           Licensed:  42 Years

Amy E. Boudreaux

Commercial Real Estate, Wills, Elder Law, Non-profit
Status:  In Good Standing           Licensed:  19 Years

Douglas Ransom Summerlin

Insurance, Landlord-Tenant, Personal Injury, Wills & Probate
Status:  In Good Standing           

Marianna Broussard

Real Estate, Wills & Probate, Trusts, Family Law
Status:  In Good Standing           Licensed:  29 Years

Julie Carmel Bourque

Wills & Probate, Estate Planning, Child Custody, Felony
Status:  In Good Standing           Licensed:  20 Years

Colleen A McDaniel

Wills & Probate, Estate Planning, Elder Law, Guardianships & Conservatorships
Status:  In Good Standing           Licensed:  48 Years

Joseph Ricky Lafleur

Divorce & Family Law, Wills & Probate, Divorce, Family Law
Status:  In Good Standing           Licensed:  35 Years

Theresa Barnatt

Wills, Wills & Probate, Trusts, Non-profit, Business Organization
Status:  In Good Standing           Licensed:  33 Years

Jack G. Wheeler

Wills, Gift Taxation, Employment Discrimination, Securities, Tax
Status:  In Good Standing           Licensed:  46 Years

James Edward Sudduth

Mass Torts, Wills, Employee Rights, Disability, Personal Injury
Status:  In Good Standing           Licensed:  11 Years

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LEGAL TERMS

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)
The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)
A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

SAMPLE LEGAL CASES

IN RE SIVERD

... Siverd. However, on November 28, 2007, Edward DuFaur filed a petition for probate of last will and testament, asserting that Holly Siverd in fact died testate, having executed a last will and testament on January 29, 2007. The ...

In re Succession of Davis

... [1]. An order admitting Davis's will to probate and authorizing letters testamentary to Cano was signed by a Texas court on June 20, 2006. ... 3401, et seq., and La. RS 9:2421, et seq. An order of probate was signed by the Louisiana court on January 11, 2007. ...

IN RE SUCCESSION OF DOUCET

... Beverly Sanders Doucet appeals a judgment that refused to probate a copy of the notarial will that her late husband executed naming her his sole universal legatee. ... Reiterating 741 that "it is not clear what became of the will," the court rejected Beverly's claim for probate. ...