Choosing the right executor for your will is crucial, as this person will be responsible for managing your estate and ensuring your final wishes are carried out. The role is significant, and it can be demanding. Making the wrong choice can lead to unnecessary stress...
All companies rely on sensitive information to maintain a competitive advantage. This could be marketing strategies, client lists, trade secrets, brand ideas and much more. If such information falls into the wrong hands, it can be detrimental for the business. Unless...
Most businesses would rather not have any involvement in an employee’s divorce. However, a divorce requires spouses to produce accurate and complete financial information. That means salary data, of course. However, owners and executives can have complex compensation...
Foot traffic used to be one of the top indicators of whether or not a business would do well. This is why location was seen as the most important quality of that business. A good location led to more foot traffic, and that led to more sales. Does this still matter in...
Receiving a significant inheritance can change your financial situation. It's important to update your estate plan to reflect these changes. It is helpful to understand how to ensure your estate plan stays current and effective in Louisiana. Update your will Your will...
The first year can be very tough on a business. It’s common for startups to fail. Perhaps you live in a town with a retail location that seems like it’s constantly changing hands, with a new business in the space every couple of years. If you’re considering starting...
You may be surprised to learn that the average person doesn’t have an estate plan. After all, estate planning is incredibly important to everyone. But, in fact, roughly two-thirds of all individuals in the United States haven’t even made a plan. Why is this? There are...
If you’re interested in starting a small business, you can do it in any season that you want. Often, business owners simply decide to open based on when the business is ready, when they can secure financing, when they have hired the appropriate staff and things of...
One reason you create an estate plan is to ensure your assets are distributed to your heirs and legatees according to your wishes. However, without proper planning, your loved ones may receive less than you intended. The IRS, creditors and other entities may claim a...
Starting a new company involves many decisions, and one of the most important is choosing the correct type of business formation. The structure you choose impacts your liability, taxes and ability to raise money. Business structures vary, and each has its unique...