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Kean Miller publishes a guide to the role of trusts in Louisiana estate planning
Kean Miller said it published an article by Lafayette estate planning lawyers Derek Brondum and Madeleine Hughes on the role of trusts in Louisiana estate planning. The firm said the article explains that Louisiana succession is comparatively affordable, so a trust is rarely worthwhile solely to avoid it, but can suit families seeking incapacity planning without interdiction proceedings, privacy, or avoidance of ancillary probate for property in other states, provided assets are retitled into the trust.
Key points
- Kean Miller’s article discussed the work involved in funding a trust.Kean Miller
- The guide addressed planning for incapacity.Kean Miller
- The firm’s article considered privacy and the treatment of property outside Louisiana.Kean Miller
- Kean Miller identified the authors with its estate planning practice in Lafayette.Kean Miller