Living Trust
Do any of you live in another state but hold land in Louisiana? If so, do you have the land as part of a trust and if that is the case, did you have a lawyer in your state of residence prepare the trust or did you have a Louisiana Lawyer prepare the trust. I have been lead to believe that if you develop a trust in another state that includes land in Louisiana that the trust will not be recognized in Louisiana. Any experience with that topic?
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Replies to This Discussion
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landownerPermalink Reply by Mary Alison Anders Knighton on -
I live in Texas...I have a trust prepared by a Louisiana attorney. Louisiana is governed under the French Code..totally different than anyother state. It would behoove ya to have an attorney that knows about the LA..French code law.
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landownerPermalink Reply by Carolyn Williams on -
I live in Texas and own land in Claiborne Parish. Although my trust was prepared by a Texas attorney, it was reviewed by a Louisiana attorney to insure that it conforms to Louisiana law, and the document conveying the Louisiana property into the trust was drafted and filed by the Louisiana attorney. I hope this information is helpful.
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