Divorcing will involve a lot of big changes. It’s also going to require a lot of time and effort. Thus it can be easy to overlook that you also need to update your estate plan to reflect your single-again status. An out-of-date estate plan can be problematic for you,...
Baton Rouge Legal Blog
Can you disinherit your child in Louisiana?
Some states are pretty flexible about allowing you to disinherit your adult children. They figure it is your money, so you can make the choices you wish. Louisiana is not one of those states, and it is rather specific about why a parent can disinherit their adult...
3 qualities an executor of an estate needs
Designating someone to execute your estate when you die is one of the things a comprehensive estate plan should achieve. The position carries a lot of responsibility, and making a poor choice now could cause problems for your loved ones later. Here are a few qualities...
How you can obtain a liquor license for your Louisiana business
Starting a new business can be an exciting time in anyone's life. Depending on what industry your Louisiana business operates in, you may want this company to sell alcohol. But first, you'll need to get a liquor license, which involves completing a series of important...
Addressing debt in estate planning
As people age, they may begin to take estate planning seriously. Planning involves examining assets and liabilities. Estate planners in Louisiana might find that debt negatively impacts their intended plans. Older people may have more serious concerns because they may...
5 tips for starting a new business
When you start up a new business, it’s going to be a difficult process. It’s a good idea to have some advice to follow as you take the firs steps to becoming a Louisiana entrepreneur.. Create a business plan You’ll need to set up the foundation for your business and...
4 reasons to choose an LLC for your Louisiana business
Choosing the right business structure is crucial for your Louisiana venture. Look beyond the usual suspects and discover the hidden gem: the limited liability company (LLC). Here are some reasons why it is a great choice. Limited liability The core advantage of an LLC...
How to avoid the lowering lifetime gift tax exemption cap
Estate planning in Louisiana can be difficult. There are many laws to consider in how you decide to distribute your estate to your heirs. What can make it even worse is the fact that laws continue to change. Changes in the legal code or legal precedent can have a...
What to consider before buying a franchise
Buying a franchise can be a great way to become your own boss without having to build a brand from scratch. However, this doesn't mean that you can simply open one in Louisiana and start making a profit from day one. There are still plenty of risks associated with...
The importance of talking to your parents about estate planning
Few people are eager to have a conversation about estate planning, but it is important to talk to your Louisiana parents about the topic. There are a number of things that you need to know, including whether they are going to need financial help from you as they get...