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December 2018 Archives

Why would you factor failure into your business plan?

As you start a business venture, you have high hopes for your future success. You have done your market research, developed your concept and are putting your skills to the test. You may have even patented your product during your early stages of searching for investment dollars. However, some experts suggest that planning for success may be what leads to the demise of your company.

Blood pressure medication recalled after contamination

Louisiana patients may be concerned about potential risks to their health if they have taken certain blood pressure tablets that contained trace amounts of a known human carcinogen. Two lots of Losartan potassium tablets, used to treat high blood pressure and other disorders linked to Type 2 Diabetes, were voluntarily recalled by Torrent Pharmaceuticals. The company announced the recall of two lots of the medication on the Food and Drug Administration website.

Korean automakers sued by U.S. drivers

Louisiana motorists may be interested to learn that Kia and Hyundai are being sued by U.S. drivers for manufacturing vehicles that had engines that caught fire without being involved in collisions. More than 350 complaints from drivers were sent to the U.S. National Highway Traffic Safety Administration regarding the concealment of the defect. The class-action lawsuit was filed on Dec. 14 in the U.S. District Court in Central California.

Passing of President Bush shows importance of estate planning

Before former President George H. W. Bush passed away, his wife and longtime companion Barbara preceded him in death less than eight months earlier. While some say it is touching that the husband passed away fairly soon after his wife, it serves to highlight the importance of proper estate planning for Louisiana couples.

Reasons to consider estate plan updates

For Louisiana residents who want to protect and pass along assets, having an estate plan is vital. However, it's also important to update these documents and arrangements over time. While there is no "standard" time to update estate plans, it's typically advised that plans be reviewed every two or three years to confirm that everything is still valid and appropriate. There are unique circumstances or life events that could also warrant an update to an existing plan.

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