Legal Question in Wills and Trusts in Louisiana

When my mother died my brothers and I had a lawyer open her succession, and he handled everything just fine and the only thing left was to sell the house then the succession could be closed. After approximately three years of trying to sell and then renting the house we finally sold it. Our accountant is handling his part of any taxes owed, etc., but once he is finished do we have to actually have the succession closed? All the fees have added up to a substantial amount and we are all in agreement that if it doesn't have to be closed we will not close it thus avoid paying any more fees. If it does not have to be closed what, if any, are the disadvantages to not closing it?


Asked on 8/22/10, 5:25 pm

1 Answer from Attorneys
Martha Amanda Mandi Lucas Mandie Seale Lucas

In order to disperse any monies to the heirs, there will have to be an order by the court. It is possible to prepare an order to disperse the funds and close the succession so there will only be this final court cost. If you do not close the succession, any creditors that have not yet appeared, could still appear and seek payment.

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Answered on 8/28/10, 5:10 am


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