Successions

Business Succession Attorneys

Transferring wealth and assets from one generation to the next is a complex process that must be handled with care and attention to detail. At Walters, Papillion, Thomas, Cullens, LLC, our lawyers have extensive experience handling successions for clients in Baton Rouge, Livingston Parish and throughout Louisiana. We will handle your succession matters with the utmost care and attention to detail.

Louisiana Probate

Probate is the process by which a deceased person's financial affairs are concluded and his or her assets are distributed to heirs and beneficiaries. The main elements of the probate process include:

  • Identifying and valuing the decedent's assets
  • Paying off creditors
  • Distributing assets to beneficiaries
The probate process can be complex and time consuming. However, with an experienced probate attorney on your side, the process can be much easier to bear.

Testate And Intestate Successions

When a person dies with a will, the assets are distributed by means of a testate succession, in accordance with the decedent's wishes. When there is no will, the rules of intestate succession apply. In an intestate succession, wealth is distributed according to Louisiana intestate laws. Under intestate laws, immediate family members are given priority in inheriting wealth and assets. If the decedent died without any immediate family members, the assets will be distributed to the next of kin, whether it be a grandchild, niece, nephew or cousin.

Contact Our Louisiana Succession Attorneys

If you are seeking legal guidance for a succession in Louisiana, our attorneys are here for you. Contact us today online or by telephone at 225-236-3636 to arrange a free initial consultation with a Baton Rouge business succession lawyer.

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