Hammond Business Law Blog

Many new business owners and executives elect to rent space for business operations instead of purchasing commercial property. Commercial leases minimize upfront investment and enhance the flexibility of the arrangements for the company. People may approach the...
Current rental rates are high enough to make rental housing prohibitively expensive for many new adults. As a result, many young professionals, college students and recent high school graduates continue living at home with their families for years. It is natural for...
Business contracts help protect organizations by clarifying their obligations and better ensuring their access to services or supplies. Contracts can provide access to retail space or can set the terms for a construction project. They can lock in supplier prices and...
The most effective estate plans contain a number of different documents. People draft wills, fund trusts and put together living documents. Powers of attorney can be important inclusions in comprehensive estate plans. They protect adults in scenarios where they become...
In many estate plans, the testamentary instrument is the most important document. For many people, the document they rely on to structure their legacy is a will. Wills allow people to choose beneficiaries, name specific people to serve as their personal...
Contracts are essentially the lifeblood of a business. They ensure that a company has the workers and facilities it needs to operate. Contracts lock in vendor delivery dates and supplier prices. They may help make outsourced services like payroll reliable. Companies...
The terms of many contracts can have a major influence on how beneficial arrangements end up being for a business. A contract can force a company to uphold specific terms, commit them to a long-term business relationship and lock them into pricing. Contracts also...
Business contracts tend to serve as the backbone of entrepreneurial relationships because they define rights, duties and obligations between parties. As enterprises grow, these agreements should remain aligned with evolving business needs, market trends and...
Powers of attorney are arguably some of the most important estate planning documents people create. They are also some of the most misunderstood legal instruments. Many people have an aversion to powers of attorney because they have heard misinformation about these...
Louisiana is a unique state in many ways. It has enacted laws that few, if any, other states have embraced. For example, many of its laws governing estate planning and succession are truly unique. Consider “forced heirship.” Louisiana is the only state in the country...