Planning for medical decisions and care in the event of incapacity is critical to a comprehensive estate plan. It allows individuals to express their wishes regarding medical treatment and end-of-life care in advance. Anyone creating their estate plan should ensure...
Contracts, by their nature, help to minimize the risk of business conflicts. Contracts can help specify the nature of a business relationship and what obligation each party has to the other. They provide a clear record of agreements between two parties that helps to...
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...
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...
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...
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...
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...
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...
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...
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...
