Louisiana Estate Planning and the Transfer of Permanent Legal Custody
I want to talk to you about an issue that's near and dear to my heart, and that is, minor children. My wife Amy and I have 5 kids and so we're always concerned about what's in their best interest. I was meeting with a gentleman last week and he has permanent legal custody of a minor child. He's not the father of the child. I explained to him that being a parent of a minor child, in their last wills they can designate who has the right to raise the children if the parents die before the children reach the age of 18. This was a unique set of circumstances. This gentleman had permanent legal custody so we researched our Louisiana Law and determined that it would be best for him to designate in his will who he thought would be the best person to have custody of the child if he were to pass away. He's going in for a surgery so he wants to take care of these things. Be aware if you're a parent of a minor child, you can designate who will be the guardian or back up parent of your child. If you have permanent legal custody, there's a right way to make sure that minor is taken care of if something happens to you. I'm Paul Rabalais and have a great day!