Getting an idea for a product or service is one of the most important parts of starting a business. Once you have this concept in place, taking steps to protect it is important. One of the more important steps is incorporation. What is incorporation? Incorporation is...
Comprehensive, Effective Representation
Year: 2023
3 common mistakes people make during successions
Managing the succession process in Louisiana can be quite a challenge. Individuals often struggle to understand their responsibilities and properly fulfill them. Small mistakes can lead to litigation in succession court or even personal financial liability. Mistakes...
What are the early warning signs of potential bad faith claims?
Insurance companies make the most money when policyholders don't require coverage and don't take on major liability. If someone with car insurance causes a crash, the insurance company will have to pay for the property damage and injury related losses of the people...
3 times testators may want to add a trust to their estate plans
Putting together an estate plan may not be a very exciting experience, but it is an important process. People can protect themselves and their family members through the creation of a comprehensive estate plan. In addition to a will and living documents like powers of...
What should business owners consider when estate planning?
There are many different tools that people can use when estate planning, and many adults try to keep this process as simple as possible. They use a will to arrange for the distribution of their property and perhaps add living documents like powers of attorney to...
Why do most family businesses fail?
Family businesses can be wildly successful and last for generations. They can also fail as soon as they pass down to the next generation. One thing that many business owners are afraid of is that they’re going to leave a successful business to their children and those...
What are the easiest methods for transferring estate assets?
Your assets need to be transferred to the next generation when you pass away. Your assets may include everything from a family home to a business to your bank accounts and investment portfolios. Your assets also include sentimental items and other things that may not...
Hundreds of insurance fraud cases now tied to one business
Insurance fraud often involves one person or a small group of co-conspirators seeking to make inappropriate claims and deprive insurance providers of resources. Insurance companies that uncover questionable claims, sometimes long after paying them, and regulatory...
What are the different kinds of power of attorney?
A basic estate plan, typically, includes a will, a designation for the executor of the estate, an advance healthcare directive and a power of attorney. A will is a legal document that outlines the will maker’s, or testator’s, last wishes and beneficiaries of their...
What should a comprehensive estate plan in Louisiana include?
Including the right documents in your estate plan is crucial to the plan providing you and the people you love with adequate protection. There are many different documents that people can add to their estate plans depending on their financial circumstances and family...