Carl Henry Franklin Attorney at Law
Providing Estate Planning, Probate Administration and Successions to clients throughout Louisiana and Texas.
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Shreveport Legal Blog

Power of attorney documents are surrounded by misconceptions

A durable financial power of attorney is a document that allows you to choose someone to manage your financial affairs for you. That person is called an agent or an attorney-in-fact. Your agent’s power typically begins when you sign the document and ends when you revoke the document or pass away.

Having a durable financial power of attorney can protect you and your assets as you age. However, many people do not take advantage of the benefits a power of attorney can provide because many people believe the popular misconceptions that surround this document.

Parents can take steps to help their kids cope with joint custody

Many courts favor joint custody because studies have shown that children typically benefit from maintaining ongoing relationships with both parents. However, getting used to joint child custody can be difficult for parents and kids. Although it can initially be stressful for children to get used to a new custody arrangement, there are actions parents can take to help their children better cope with this change.

Explain the custody arrangement to your children

What if I die without a will?

Most people know that they should draft a last will and testament. Unfortunately, this is one of those things that is easy to keep on the back burner for years at a time. Nobody likes to consider your mortality but having a will drafted is one item on the to-do list that should be done sooner than later.

Anyone who passes away without a will is likely to leave a large number of questions for their loved ones. Additionally, you leave no official documentation of what you wish to be done with your property.

Cooperation is key for joint custody to work

Keeping both parents in a child’s life is almost always the most desired option. Unless there’s an immediate threat of physical harm, most courts will do their best to create a custody arrangement that allows a child to see both parents.

However, after separating, cooperation can feel like an impossible task. It doesn’t have to. Here are some easy ways you can help a joint custody arrangement go smoothly for everyone involved. Yes, even your ex.

Estate planning: mistakes to avoid

The biggest estate planning mistake you could make is not having one at all, so the first step is to create your plan. Unfortunately, there are still a few pitfalls you could suffer from while you’re creating your plan or even after your plan is finished. However, it is relatively simple to avoid any potentially damaging mistakes.

Estate planning takes time and effort, but it is by no means impossible or overly difficult. Here are a few mistakes you should be aware of so you can avoid creating more problems and solidify your estate plan.

Is your estate plan up to date?

Planning for the future can feel like a daunting task and one that is far too easily avoidable. There are notorious cases of wealthy celebrities dying without a will or other estate plans, but it isn’t just the famous who make this error. No matter how small you think your estate may be, it is crucial to prepare a plan and keep it up to date over time.

For those living in Louisiana and trying to navigate your future goals, consider the importance of an updated, comprehensive estate plan as your first line of defense. Not only can an estate plan help you prepare for your financial future, but it can also prevent a potentially contentious succession process down the line.

Signs of stress in young children after divorce or separation

Children under the age of six often haven’t reached a stage in their development where they’re able to recognize and articulate how they feel.

If you are separating from your spouse, it’s important to recognize the signs of stress your child may be feeling, so that you can apply calming strategies during this important stage.

How can you still provide for your family after you die?

Providing for your family has been one of the most important parts of your life for as long as you can remember. But every so often you think about what might happen to your family if the unspeakable happens to you and you are not there for them anymore.

Thinking about a day when you are no longer around to provide for your family is difficult, but unfortunately necessary. You care about your family and want them to be safe and happy for the rest of their lives, but since the future is unknown, thinking about estate planning is important if you want to ensure the security of your family’s future.

Is a custody plan the next chapter in your fairytale?

"Everything is going to be alright. Maybe not today, but eventually."

-Unknown writer

We all know the playground song about love, marriage and a baby carriage... These events, sometimes occurring in a different order, are the components of an age-old fairytale about what makes a happy life. While fairytales are sources of inspiration, they are also hard to attain.

In reality- love flickers in and out, babies arrive, marriages end and people move on.

But, what does moving on look like?

Who gets the baby carriage and the child within it?

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Carl Henry Franklin, Attorney at Law
910 Pierremont Road, Suite 410
Shreveport, LA 71106-6914

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