When being named the executor of someone’s estate, it can feel overwhelming. It’s important that you know what’s required before the time comes for you to take action. 

Let's talk about what the executor's role is in Louisiana Estate Planning.

When being named the executor of someone’s estate, it can feel overwhelming. It’s important that you know what’s required before the time comes for you to take action. 

Let's talk about what the executor's role is.

I was born in Lafayette, Louisiana. The heart of Cajun Country. When I was growing up, my grandparents lived next door to us. There was rarely a day without a visit to or from someone in the extended family. There was always lots of talking, cooking, and always something to celebrate. Growing up, the family indulgence was season tickets to Saints games in the fall.

Hiring an Estate Planning attorney can be a daunting task for everyone, even for experienced lawyers like me! I’m going to give you my top helpful tips for what to expect when you're working with an Estate Planning lawyer. Last year, I had the experience of hiring a lawyer for some matters beyond the scope of my practice. It was fascinating being on the other side of the legal desk because it gave me insight into an experience not many people have on a regular basis. I am grateful to know what it’s like to be both an attorney and a client, and think it’s important to share my insights with you! 

However, another thing that the Secure Act did was it got rid of what was called “the Stretch IRA”. Prior to this law going into effect, if someone died and their child inherited a retirement account from them, the child could then use their own life expectancy to decide how much they needed to take out of the account. So if you had a 38 year old child, you had 45 years to take the amount out, as needed over that time. If you think about that, that money is growing as it's sitting in that account. So it was a great opportunity to pass wealth on to children. But unfortunately the Secure Act did away with this “Stretch IRA.”

You have to know Where Y’at to know where you’re going - Hi, I'm Addie Prewitt, an estate planning and tax lawyer. I collaborate with forward thinking clients on ways to preserve their property and to pass on their values and prosperity to the next generation.

I live in New Orleans with my husband and two boys. And today I'm going to be talking about a spreadsheet that I put together. And as you can see, I'm very excited about this spreadsheet, which should tell you that I'm a huge nerd, but also I do think it's helpful.

Hiring an attorney can be a daunting task for everyone, even experienced lawyers like Addie! In this episode, Addie discusses her own experience with hiring lawyers this past year and gives helpful tips for what to expect when you're working with a lawyer. Addie knows what it's like to be both attorney and client. Don't miss the special guest appearance from Addie's aspiring co-host Gabe!

What I'm talking about is that at the end of June, the Supreme court, in a case called Dobbs, explicitly overruled Roe v. Wade. The case that was brought before the court was whether or not Mississippi could implement a 15-week ban on abortion. So no abortions could be performed after 15 weeks. There were six justices who voted to uphold the law. Five of them, however, voted to explicitly overturn Roe v Wade.