Many small business owners in Louisiana decide to sell their business when they no longer want to operate it themselves, whether it is because they want to move on to a new venture or they have decided to retire. There are several key considerations for business...
Baton Rouge Legal Blog
Month: November 2018
Organizing an estate plan to avoid confusion
Louisiana fans of Stan Lee might know that near the end of his life, the comic book artist had several issues with his estate and the people around him. Among them were his claim that $1.4 million was missing from his account and an accusation that his daughter was...
A beneficiary to a trust is not without rights
Most trusts created in Louisiana are done so as an estate planning tool to transfer property upon the passing of the settlor, the person who created the trust. Typically, the estate is settled reasonably quickly and the trustee distributes the assets to the...
Louisiana statute of limitations for product liability is 1 year
Louisiana has a very simple one-year statute of limitations for many laws, including product liability.That may seem a bit short, but experts emphasize that the clock starts ticking from the day you knew or reasonably should have known about the product’s defect...
Why choose a silent trust?
Many people in Louisiana consider how they can leave a legacy behind to their children or other loved ones. Because of their flexibility, trusts can be an excellent option that allow people to transfer their wealth while avoiding the exposure and delay of the probate...
Reducing the likelihood of conflict over an estate plan
Some estate plans can lead to family conflict, but there are steps people in Louisiana can take to avoid this. For example, it is important to choose the right executor. Some people may simply choose the closest family member, but it is best to choose someone who is...