In Louisiana, a Succession is the process of settling a deceased person’s estate and distributing the property after debts are repaid.

Without a will, the deceased’s half of the property is transferred to the descendants, and the spouse still owns their own half of the property. When a person dies without leaving a valid will, their property (the estate) must be shared out according to certain rules. These are called the rules of intestacy. If someone makes a will but it is not legally valid, the rules of intestacy decide how the estate will be shared out, not the wishes expressed in the will. The best way to deal with a succession is to have a Will in place. Our office can assist with Wills and Estate Planning as well.

Business successions can also be completed. You will be able to identify the next generation of ownership and management.