Louisiana Estate Planning Articles

Addie Prewitt Live: The Where Y'at Net Worth Calculator

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.

Read More

What’s your enough number?

Have you ever sat down to calculate the amount you’d require in order never to need to earn another dollar in your life?
That’s your enough number.
When you Google “calculate enough number,” you’ll find systems of crunching numbers that are always influenced by the cult of more. But, before you go down that rabbit hole, try this thought experiment to help you find your enough number:

Read More

Addie Prewitt Live: What to Expect When Working with a Lawyer

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!

Read More
Addie Prewitt Live, Estate Planning Addie Prewitt Addie Prewitt Live, Estate Planning Addie Prewitt

Addie Prewitt Live: How Overturning Roe v. Wade affects your Estate Plan

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. 

Read More
Estate Planning, Addie Prewitt Live Addie Prewitt Estate Planning, Addie Prewitt Live Addie Prewitt

Addie Prewitt Live: Back to Basics on Wills in Louisiana

So I guess the first thing to talk about is sort of what a will is. It pretty simply can be boiled down to a couple of things. It's a legally binding document that says where you want your property to go when you die and who you want to be in charge of that process. We typically refer to that person as the executive. So two things:

  1. Where you want the property to go and

  2. Who gets to be in charge of that process?

Read More

Summertime is finally here!

  • A federal court held a preliminary hearing in the lawsuit Cher filed against Sonny's estate for $1 million in unpaid royalties for Sonny and Cher songs, including I Got You Babe. The dispute centers on whether Sonny and Cher's 1978 divorce settlement trumps federal copyright law. Learn more.

  • Hurricane season starts June 1st and this one is expected to be another doozy. It's not too early to start preparing.

  • Can big data help us become rich or be happier? Seth Stephens-Davidowitz certainly thinks so and shares some insights on what big data reveals on how to get rich or be happier. What do you think?

Read More