Hammond Business Law Blog

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...
The terms included in a business contract can guide how a company operates and may dictate how profitable operations prove to be. Contracts can give a business access to leased commercial facilities. They can ensure that companies have appropriate talent provided by...
Estate planning is a process that allows people to address what happens when they die. They can also plan for medical emergencies that could leave them incapacitated. Powers of attorney are among the most popular and valuable inclusions in comprehensive Louisiana...
A family business could very easily be the most valuable asset in someone's personal portfolio. It is common for those who inherited, purchased or started a business to aspire to pass the organization to someone they trust when they retire or they die. Arranging for...
Understanding the importance of estate planning is crucial for young adults, yet many delay this process due to prevalent myths and misconceptions. Estate planning isn’t just for the elderly or the wealthy. Estate planning allows individuals to make arrangements for...