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re: General Information for handling deceased parents estate.

Posted on 2/27/24 at 3:45 pm to
Posted by tiger91
In my own little world
Member since Nov 2005
36817 posts
Posted on 2/27/24 at 3:45 pm to
Are you in Louisiana?

I ask as we are and my understanding is the in Louisiana there is no way to avoid probate.

Husband and I have both parents so we’ve never had to deal with any of this. We’re starting to get ourselves set up to avoid as many issues as we can. Well to make it easy for our children when the time comes.
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 2/27/24 at 7:24 pm to
quote:

Are you in Louisiana? I ask as we are and my understanding is the in Louisiana there is no way to avoid probate. Husband and I have both parents so we’ve never had to deal with any of this. We’re starting to get ourselves set up to avoid as many issues as we can. Well to make it easy for our children when the time comes.


Probate is avoidable in LA but people are typically some combination of too cheap, too lazy, and too uneducated to pull it off.

You need (a) trust and you need to fund (it) them properly. Get a good estate attorney and a great financial planner/advisor and it’s achievable.

Anything less is almost guaranteed to be fricked up.
Posted by Motownsix
Boise
Member since Oct 2022
1982 posts
Posted on 2/28/24 at 10:11 am to
quote:

Are you in Louisiana? I ask as we are and my understanding is the in Louisiana there is no way to avoid probate.


No my parents property is in Delaware and Florida.
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