Blog

1411, 2017

When To Update Your Estate Plan

By |November 14th, 2017|Uncategorized|Comments Off on When To Update Your Estate Plan

Some clients believe that once their estate planning documents are drafted, that they are completely done with the estate planning process. But this is incorrect. Estate plans need to be regularly updated to make sure the plans comply with current Louisiana laws and that the documents reflect your current wishes and family structure (ex: marriage, […]

911, 2017

Who Should Consider A Prenuptial Agreement?

By |November 9th, 2017|Uncategorized|Comments Off on Who Should Consider A Prenuptial Agreement?

As discussed in our previous blog, a prenuptial agreement is a legally binding agreement designed to protect an individual’s wealth, whether acquired prior to or during the marriage. Anyone who is getting married or who is planning on getting married should consider a prenuptial agreement. This is especially true if he or she owns real […]

211, 2017

What are the Benefits of a Prenuptial Agreement?

By |November 2nd, 2017|Uncategorized|Comments Off on What are the Benefits of a Prenuptial Agreement?

It is an unfortunate statistic that approximately 50% of all marriages end in divorce. In Louisiana, a community property state, divorce courts typically split everything spouses own together (income earned, debts incurred, property acquired) 50-50, regardless of who earned or acquired them. If you want to protect your assets as they pass from generation to […]

2610, 2017

Issues to Consider in the Probate Process

By |October 26th, 2017|Uncategorized|Comments Off on Issues to Consider in the Probate Process

Losing a loved one is an emotionally devastating and stressful time. You may begin to wonder how you can carry on without that person, how your family members will cope with the loss, or even what will happen to your home and financial well-being in the future. When you add this fear of the unknown […]

1710, 2017

Avoiding Issues in Business Succession Planning

By |October 17th, 2017|Uncategorized|Comments Off on Avoiding Issues in Business Succession Planning

During our years in practice, Wealth Planning Law Group has successfully counseled many business owners, guiding them from foundation all the way through succession planning. We understand that as a business owner, you have invested years and countless resources into your company. We want to help you protect your business, to make sure it remains […]

1210, 2017

Wealth Planning Law Group Honored as One of the Fastest Growing Law Firms in North America!

By |October 12th, 2017|Uncategorized|Comments Off on Wealth Planning Law Group Honored as One of the Fastest Growing Law Firms in North America!

The Law Firm 500 Award committee has recognized Wealth Planning Law Group as one the fastest growing law firms in the United States. Our firm ranked #172 on Law Firm 500’s annual honoree list, based on growth from 2013 to 2016.

Wealth Planning Law Group’s CEO Todd Villarrubia says “On behalf of our entire amazing team, […]

1010, 2017

What is the Death Tax?

By |October 10th, 2017|Uncategorized|Comments Off on What is the Death Tax?

Estate tax, also known as the “Death Tax,” is a government tax on the transfer of a deceased person’s estate to his family and/or heirs. If you are a high-income earner, it is important to plan and prepare in order to minimize your exposure to the death tax. After working hard your entire life, and […]

310, 2017

What is “succession”?

By |October 3rd, 2017|Uncategorized|Comments Off on What is “succession”?

Succession, also known as probate, is the legal process by which a person’s assets are transferred to their heirs and their final or outstanding bills are paid. A court oversees this process to make sure the person’s rightful heirs and beneficiaries will inherit the designated assets.

Succession is a three-step process. First, a petition to open […]

2809, 2017

What is a Living Will?

By |September 28th, 2017|Uncategorized|Comments Off on What is a Living Will?

A Living Will, also known as a healthcare directive or an advance directive, is a document allowing people to express their wishes concerning medical or end-of-life care.  A Living Will puts caretakers, doctors, and hospitals on notice in case of medical emergencies or if a person is unable to communicate their healthcare decisions.  This document […]

1909, 2017

Issues to Consider When Drafting a Will

By |September 19th, 2017|Uncategorized|Comments Off on Issues to Consider When Drafting a Will

Wealth Planning Law Group is taking a month-long look at estate planning services and wills.  For today’s blog, we are focusing on what issues you should be considering when creating a will that is right for you and your family.

An estate plan typically includes a few main elements: 1) who gets what and when, 2) […]