New Laws on Property Titles
A new state law will help families obtain clear title on New Orleans properties
after Hurricane Katrina in a quicker, more efficient manner. The legislature
approved and Gov. Bobby Jindal has signed the Louisiana Small Successions
Act. The new law will give relief to thousands of residents living in
homes without proper title. It expands the use of the state’s existing
heirship affidavit, a mechanism that gives property heirs clear title
if the total estate is valued at less than $75,000. The new law applies
to any type of land and to decedents who died before the law was passed.
It may be used in instances where a Louisiana property owner lived in
another state and died with a will that was probated in an out-of-state
court. For more information on how this new law may assist you, please
contact our firm and an expert in successions will assist you.