Powers of attorney are important parts of an estate plan, but people in Louisiana should be aware of some common misconceptions about them. One myth is that a power of attorney is a uniform document that can be used from state to state. This is not the case; some states may not even recognize a power of attorney from another state.
Those who own property or live in Louisiana may be stressing over the prospect of creating an estate plan. The good news is that the anticipation may actually be worse than creating the plan itself. Those who are concerned about how to make an estate plan should consult with an attorney for help.
Since the terms of irrevocable trusts are designed to be permanent, these arrangements can be difficult to break. However, there may be instances when such a trust is no longer beneficial for a Louisiana estate owner or their heirs.
Retail giant Amazon is again under legal scrutiny for some of its business practices. According to Fortune, furniture retailer Williams Sonoma has accused Amazon of creating “strikingly similar” designs to some of its West Elm furniture pieces. As a result, Williams Sonoma filed a trademark and patent infringement against the online retailer in San Francisco.
Some Tesla owners in Louisiana may be concerned about reports of fiery crashes involving the automaker's vehicles. The all-electric cars are known for both their luxury and innovation, but some people are questioning their safety after a February crash in Florida. In the incident, a Tesla Model S suddenly left the roadway, swerving through three lanes of traffic before hitting a median and trees. There, the car burst into flames. The one-car accident killed the Tesla's driver.
If you have had your license for some time, getting in the driver's seat might seem like no big deal. You are probably used to the responsibilities that surround driving. You also likely understand that bringing your vehicle in for regular maintenance, making sure the gas tank is full and paying for insurance are all part of owning a vehicle.