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Usufruct Louisiana Form

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What makes the louisiana usufruct legally valid?

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Instructions and help about Usufruct Louisiana Form

hey so in this video we're gonna talk about whether assets in the usufruct account are taxed to the naked owners when the naked owners receive those assets at the termination of the use of rock boy that's a mouthful but it's an issue that comes up a lot for people who live in Louisiana where there's this usufruct form of ownership that's so common so let me just give you an example let's say husband died and he and his wife had a two million dollar investment account and in the husband's will he left his wife the usufruct of his estate perhaps for her lifetime so he dies all the heirs get together the use of rock to area that naked owners they hire the lawyers we go through the court supervised succession procedure all the appropriate court orders are signed by the judge and issued all those court orders are issued to the financial institutions their lawyers review review everything and then at the end of the day that two million

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