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A succession is required regardless if someone dies testate (with a will) or intestate (without a will), unless all of the assets can be transferred by other methods. The typical method to avoid probate for non-beneficiary designated assets is by establishing a revocable trust (aka living trust).
An executor is someone who has been named in the will to manage your estate after you die. An administrator is someone who takes charge of your estate if you die without a will.
Steps Needed to Collect on a Civil Judgment in Louisiana Record the Judgment. ... File motion for judgment debtor examination and obtain personal service. ... File petition for garnishment under writ of fifa. ... If the garnishee does not timely provide answers, you may file a motion for judgment against garnish.
Once the succession has gone through Louisiana estate administration (if required), the Louisiana succession attorney will prepare a Petition for Possession and other documents needed to close the succession. The attorney then presents these documents to the court and obtains a Judgment of Possession.
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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In Louisiana, a succession may qualify as a small succession if a person dies: (1) leaving property in the state of Louisiana; and (2) if the gross value of all of the decedent's assets is $125,000 or less.
They will present these papers to the court to obtain a judgment of possession. In Louisiana, it takes up to six months to complete a succession, but some Louisiana succession proceedings can remain open for years due to to their complexity.
The most common form of Louisiana succession is a Succession Without Administration (sometimes referred to as a \u201cSimple Putting in Possession\u201d). In this type of succession, no succession representative (also called an administrator or executor) is appointed and no administration is necessary.
Louisiana Small Estate Affidavit Louisiana law allows the transfer of the assets of a small succession by affidavit, without a formal court proceeding.
As a practical matter, it typically takes two to six months to complete a succession. Some successions remain open for years due to complexity, litigation between the heirs, or a number of other reasons.

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