The content on this website is for general information purposes only. It is not intended to constitute legal advice or to create an attorney-client relationship. Due to limited space, complex legal issues and rules may be stated in terms of general concepts. Consult legal counsel before acting on any information contained herein.© 2019 

ESTATE PLANNING

Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax.

ESTATE ADMINISTRATION & PROBATE

Estate administration refers to the process of collecting and managing the estate, paying any debts and taxes, and distributing the remaining property to the heirs of the estate.  In common-law jurisdictions, administration of an estate on death arises if the deceased is legally intestate, meaning they did not leave a will, or some assets are not disposed of by their will.

 

Probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased, or whereby the Estate is settled according to the laws of intestacy where in the state of residence [or real property] of the deceased at time of death in the absence of a legal will.  (Testate = Will   Intestate = No Will)

TRUSTS

A trust is traditionally used for minimizing estate taxes and can offer other benefits as part of a well-crafted estate plan. A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.

BUSINESS PLANNING

A business plan is a formal written document containing business goals, the methods on how these goals can be attained, and the time frame within which these goals need to be achieved. 

FARM & RANCH PLANNING

Farms and Ranches are legacies that depend greatly on inter-generational succession and the balancing of business and estate planning.  Farm and Ranch Planning will help your family’s heritage endure and provide for current and future generations.

ELDER LAW

Elder law focuses on health issues, long-term care planning, and disability and incapacity planning for all segments of the population to prepare for financial freedom and autonomy through financial planning and long-term care options.

MYKA MARIE LANDRY

ATTORNEY-AT-LAW