A succession, also called a probate in many other states, is the court process of transferring your assets to others after your death. Like any court process, it is open for the public to view. Did you know that at your death, Louisiana’s default rules allow for the public to find out what assets you owned, how much you had, and who inherits everything from you? This is exactly what happens in a succession. Under Louisiana’s default rules, you have no say in who’s in control of your assets during this process, and who ultimately inherits those assets. Instead, a judge will make those decisions for you. The most common way to avoid this is by using a will. A will can allow you, instead of a judge, to say who’s in control of your assets during the court process, and who ultimately inherits those assets. However, wills can be invalidated for not complying with the proper formalities.

There are many steps involved in a succession. If you need assistance with the succession of a loved one, or would like more information on how to avoid a succession, contact us today to schedule a FREE consultation with one of our experienced attorneys.