Contracts help make business arrangements verifiable and enforceable. Business leaders sign contracts when they hire new employees or outsource company tasks to service providers. They execute contracts with clients or customers, landlords and vendors. Ideally,...
Year: 2025
Powers of attorney: Safeguarding your future decisions
Life can be unpredictable, and it helps to plan. In Louisiana, a power of attorney, legally known as a mandate, lets you choose a trusted person to handle important matters if you cannot. This person, called your mandatary or attorney-in-fact, can make financial,...
Why skipping usufruct planning can derail inheritance
Louisiana’s estate system operates under civil law, which differs from the common law used in most states. Under this system, property ownership can divide between use and title after a person’s death. If your estate plan depends only on a will, you may overlook this...
Resolving succession disputes during estate administration
When people die, the property that they own becomes their estate. Many people plan in advance to ensure that their assets transfer to specific beneficiaries after their passing. Others rely on intestate succession laws that prioritize the protection of spouses,...
How to prepare a will in Louisiana
Time goes by quickly when you turn into an adult. Aside from your job, you also must balance your time between your chores, your personal activities and rest. Every day is a constant cycle of making plans and trying your best to stick to it, but what about your...
Commercial lease terms explained: A guide for first-time tenants
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...
What do first-time renters need to know about lease terms?
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...
3 special clauses that can strengthen business contracts
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...
Choosing the right agent when drafting powers of attorney
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...
Why people fund trusts when creating estate plans
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...
