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Last Will and Testament Template - Louisiana
A Louisiana Last Will and Testament is a legal form used for the purposes of distributing an individual's property upon their death to the selected beneficiaries. A Last Will has several main purposes and allows the individual making the will - otherwise known as the Testator - to do the following:
- Decide who will manage their estate and who will get their property;
- Decide who will take care of any minor children, dependents or pets;
- Minimize probate and estate taxes;
- Avoid a lengthy probate process;
- Make gifts and donations;
- Set up a family trust.
The Louisiana Last Will is regulated by CC 1570 . Article 1577 prescribes the will to be signed by two (2) or more competent witnesses and a Notary. Fill out this form and send it along with $10 (payable to the Secretary of State) to the following address: Secretary of State, P. O. Box 94125, Baton Rouge, LA 70804-9125. Download a ready-made form below or make your own one with our online template.
What Is a Last Will and Testament in Louisiana?
A Last Will and Testament is a legal document through which an individual is permitted - within the formalities prescribed by law - to control the distribution of their assets and estate. There are three parties to any will:
- A Testator - a person who dies leaving a will in force.
- An Executor - a person tasked with carrying out the Testator's wishes according to their will.
- A Beneficiary - a person, organization or community selected to receive the assets of the Testator.
How to Write a Will and Testament in Louisiana?
The Testator can choose what to include in a will. There are several main steps that the Testator must take to create their will in Louisiana.
- Describe marital status and list all children. For the purposes of a will, the Testator must note whether they are married as well as whether they have any children - both those born to the Testator and those that have been legally adopted. All children and dependents must be included even if they are not given a portion of the Testator's assets.
- Elect Beneficiaries. The most important part of a Last Will is the appointment of beneficiaries. Beneficiaries are the individuals or organizations that will inherit the Testator's estate and property.
- Appoint a representative or an executor. An Executor must be appointed by the Testator in their will. The Executor will be in charge of carrying out the Testator's wishes concerning their property and will make sure that the beneficiaries get the correct portion of their inheritance as described in the will.
Download Last Will and Testament Template - Louisiana
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