Louisiana Estate Planning Law
If you die young and you were not able to make a will, what do you think will happen to your wealth and possessions? Most of us imagine that it will automatically be transferred to our husbands or wives. In Louisiana, there’s a different scenario.
According to Louisiana estate planning law, if there is no will everything goes to the deceased’s parents. They own the property and have full usage rights. If the parents are no longer living, everything goes to the deceased’s siblings. Without a will, your accumulated wealth and possessions do not go to your spouse, except for purchases made together during your married life.
Our top advice to individuals living in Louisiana: Better make a will as early as possible to be sure that our most prized possessions will soon be handed to the deserving family members.