Knowledge and Compassion
Scott Vicknair Law Blog
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7M ago
Dealing with loss is hard enough ..read more
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The New Orleans Super Fog Pile Up: A Tragic Reminder about Preparing for the Unexpected
Scott Vicknair Law Blog
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7M ago
When the Unexpected Becomes Reality Recently, tragedy struck on Interstate 55 near New Orleans. Due to dense fog and limited visibility, at least 168 cars were involved in a massive pile up that left 63 people injured and 8 people dead. Families have been notified, and many, if not most, will have to handle not only overwhelming grief but also the question of “what do we do now?” This devastating accident serves as a stark reminder of the unexpected dangers we may face on the road and the importance of being prepared for the unexpected, not only in terms of road safety but also when it comes t ..read more
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How Cryptocurrency is Creating Unprecedented Access to Wealth Creation
Scott Vicknair Law Blog
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8M ago
Cryptocurrency: Revolutionizing Generational Wealth Cryptocurrency's advent has brought forth a seismic shift in the financial landscape, revolutionizing the essence of generational wealth. Traditional assets like cash, investments, and property have been joined by digital currencies, offering new paths for building, securing, and transferring wealth to future generations. This new world of financial possibilities extends its arms to younger generations and underserved communities, providing them with decentralized control over their assets, diverse investment opportunities, and potential for ..read more
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The Seven Key Steps You Need to Know About the Probate Process in Louisiana
Scott Vicknair Law Blog
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10M ago
Dealing with the probate process can be a daunting task, especially during emotionally challenging times. In Louisiana, understanding the key steps involved in probate administration is essential for individuals who have lost a loved one and are navigating the distribution of their estate. This article aims to shed light on the probate process in Louisiana, guiding readers through the key steps involved in handling a loved one’s estate after death.   Step 1: Determining the Best Procedure to Handle the Estate Successions come in many different shapes and forms. There are many different v ..read more
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What does a Louisiana succession lawyer do?
Scott Vicknair Law Blog
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1y ago
Every state has its own procedures for dealing with an estate after death. However, Louisiana’s civil code is as unique as its culture and history. For many Bayou State residents, dealing with succession can be frustrating and overwhelming. That’s why it’s beneficial to hire a Louisiana succession attorney who can help the estate executor or beneficiaries to settle the estate.  How Succession Lawyers Ease the Pain of Probate Under LA law, you don’t have to have a lawyer to execute an estate or administer a trust. However, succession proceedings can present unexpected challenges. An attorn ..read more
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Why does succession take so long, and is there any way to speed it up?
Scott Vicknair Law Blog
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1y ago
Louisiana has a unique legal system with special procedures governing the dissolution of estates and the disbursement of inheritances. Compared to most other states, a Louisiana succession is likely to be a long, drawn-out, and time-consuming affair, with proceedings likely to last at least several months. While the Bayou State offers simplified probate for some estates, any case involving a home or other high-value real estate has the potential for complication.  Estimating Your Estate Succession Timeline Succession, or probate, is the formal process of dissolving a deceased person’s est ..read more
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Learn the Differences Between a Last Will and Testament vs. a Trust
Scott Vicknair Law Blog
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1y ago
Last Will and Testament vs. a Trust: What's the Difference, and Which One Is Right For You? Estate planning is an important part of ensuring that your assets and possessions are distributed according to your wishes after you pass away, and one of the common strategies used is a last will and testament or a trust. While both serve similar purposes, they do have distinct differences which you should be aware of before making a decision. Can Your Heirs Play Nicely Together or Do You Need More Control? Let’s use an analogy to explain the difference between a last will and testament versus a trust ..read more
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Which estate litigation attorney should I hire to represent me in Louisiana?
Scott Vicknair Law Blog
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1y ago
Louisiana has a unique legal system. For most Bayou State residents, the Code of Civil Procedure provides a straightforward and reasonably cost-effective means to bypass probate. However, even simple estates can be complicated by challenges and contests—contests that could, under the wrong circumstances, lead heirs and beneficiaries to lose their inheritances. While you do not need to hire an estate litigation attorney to file or resolve a probate contest, a Louisiana succession lawyer could help you preserve an estate’s solvency and ensure that challenges yield a fair outcome.  Deciding ..read more
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Making Sense of Louisiana's Unique Succession System
Scott Vicknair Law Blog
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1y ago
In Louisiana, succession refers to the process of transferring a deceased person’s assets to their heirs and designated beneficiaries. While succession is sometimes straightforward, making sense of the Bayou State’s legal requirements can pose a significant challenge to otherwise “simple” estates.   Understanding Louisiana Successions Every state has its own estate laws and civil procedures. In Louisiana, “succession” is used to refer to the probate-like process of dissolving a deceased person’s estate. However, Louisiana has a unique history, and its succession practices are unlike ..read more
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What if my loved one owned property in another state or country?
Scott Vicknair Law Blog
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1y ago
Louisiana’s unique laws can help ease the stresses of succession. For many families, probating an estate is a fairly straightforward process, demanding little more than ensuring the court receives the right paperwork at the right time. However, an otherwise simple succession could demand additional attention if the deceased person owned assets in another state or country.  How Out-of-State Properties Can Affect a Louisiana Succession Every state has its own probate code. In Louisiana, probate is often referred to as “succession.” During succession, the deceased person’s personal represent ..read more
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