As you mourn the death of your loved one, you may also need to transfer ownership of your loved one’s property. The process of transferring property ownership after death is known as probate or succession.
Louisiana law allows for different types of successions. Depending on the circumstances, one type of succession may be easier and more cost-effective than other types.
Some Successions Are More Complicated Than Others
Often, Louisiana succession may be more complicated if:
- There are different types of property involved. If your loved one died without a will while married, the property must be divided into community property and separate property before it can be distributed.
- The property value is high. When assets are worth a lot of money, there may be conflicts over their valuation and distribution.
- There are debts to be paid by the estate. Creditors may complicate the succession process.
- There are family members who disagree about the distribution of property. When family members or potential heirs disagree about the distribution of property, individuals may need their own attorneys to make sure their rights are protected.
- There are missed deadlines. If you wait too long to file succession, essential papers may be lost and deadlines may be missed
- There is no hired attorney. If you wait too long to contact a succession attorney, you are likely dealing with the stress of the succession on your own. Additionally, unintentional mistakes can happen that complicate your case.
Given these complications and other factors related to your loved one’s estate, it’s important to obtain an experienced New Orleans succession lawyer to help you determine the type of succession that is right for you and your family.
Let Us Make the Succession Process Easier
You don’t need to handle complicated succession matters on your own. Instead, our lawyers are here to help you find the easiest and most cost-effective solutions for your situation. Call us, or start a live chat with us any time to learn more about how we may help you.