When it comes to forming a business with one or more partners, you can set up a structure that best suits your needs. The decision you make will be based on how you and your partners want to approach the business. Here are a few different kinds of business structures that you might consider.
Complex family dynamics and estate planning
Some people in Louisiana may be facing challenging family dynamics while creating an estate plan. Many estate planning advisors suggest that a successful estate plan must have an element of communication with family members. Some people write a letter of intent to go with their estate plan and explain the choices made.
Entrepreneurs should contemplate buying existing businesses
Buying an existing business may be the best way for entrepreneurs in Louisiana to get a timely return on their investment. This is because most of the hard work as it relates to getting a company off the ground has already been completed. Typically, an established business already has a recognizable brand, key employees in place and a track record of financial success.
Online wills present possible estate planning risks
Yes, there's something to be said for a Louisiana resident that makes the effort to actually make out a will. It's better to actually have some type of document prepared than to have nothing at all. But a do-it-yourself approach to will prep, like what's commonly available online, could result in some unexpected and potentially costly estate-planning mistakes.
What you should know about Louisiana personal injury law
Often, when a story about a personal injury case makes the news, the report focuses on the wild, and seemingly frivolous nature of the case. This type of coverage, as well as troubling data on the Louisiana court system, have prompted several groups to urge the Louisiana legislature to take action.
Fiat Chrysler recalls Dodge Darts with shifter defect
Fiat Chrysler Automobiles N.V. has just announced a recall of more than 320,000 Dodge Dart compact cars all of North America. Louisiana residents should know that the 2013 to 2016 model automatic transmission Dart cars may have a defective part that allows the shift cable to detach from the transmission, preventing vehicles from shifting into park.
