Independent administrator louisiana 2025

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In Louisiana, inheritance rules are clear. First, children get everything if there is no will. Then, it goes to a spouse or other close relatives.
The terms administrator and executor are often used interchangeably, but theres a subtle difference. An administrator can refer to anyone appointed to manage the affairs of a deceased person. An executor is a specific type of administrator named in a persons will to manage their estate after they pass away.
Executor and Administrator Fees Under Louisiana law, the executor or administrator may seek compensation in the amount of 2.5% of the value of the estate. In many cases when it is a family member serving in this position, they waive the collection of this fee.
Since handwritten wills do not require notarization, they can be difficult to uphold in court. The will should be recognized in court as long as the olographic testament is written entirely in the testators handwriting and witnessed by two competent witnesses.
Voluntariness. The will must be made voluntarily, without undue influence, duress, or coercion. If there is any indication that the testator was pressured or manipulated into making the will, its validity can be challenged.
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Louisiana does not provide a state form for a will. You can either hire an attorney to draft one for you or create one yourself. Many people use online estate planning solutions. If you are doing it yourself, using a legal form-building service that complies with Louisiana law is essential.
Independent administration in Louisiana In an independent administration, the succession representative does not need court permission to pay debts, list property for sale, sell real or personal property of the estate, borrow, exchange, lease, or invest succession property.

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