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Louisiana Estate Planning & Elder Law Blog

Nursing Home Residents Receive More Protection Through New State Laws

Oct 19, 2021 8:00:00 AM

The fall is upon us and we may see a resurgent of COVID-19 cases in addition to the common flu. Nursing home implementations of CMS protocols for resident visitation are becoming broader as lessons of isolation due to physical separation from loved ones and family has taken an emotional and physical toll on both residents and their families.

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Don't Fall For These 3 Common Estate Planning Myths

Oct 18, 2021 11:16:00 AM

Estate planning can be a very difficult process. While it is not brain surgery, making the decision to move forward with an estate plan requires us to face the fact that we will not live forever. This thought stops many people in their tracks. Others talk themselves out of seeing a qualified attorney to create an estate plan because of the following common myths.

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The Importance of a Will

Oct 13, 2021 7:45:00 AM

57% of American adults have not prepared a Last Will & Testament (a “Will”) according to Care.com’s estate planning survey. The survey found that participants were more likely or less likely to have a Will depending on issues such as age, race, and education. For example, when broken down generationally, 66% of people aged 65 and older, comprising the Baby Boomer generation and The Greatest Generation, have a Will, better than the overall...

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The Benefits of The Internet of Medical Things

Oct 6, 2021 8:00:00 AM

The Centers for Medicare and Medicaid Services forecasts the US Health care system will soon be significantly overwhelmed with seniors requiring medical care. Government medical programs and services, insurers, and manufacturers are tasked with finding ways to reduce the enormity of health care costs in particular as it pertains to senior care needs solutions. Lower costs and increasing efficiencies are the mandates to address the looming...

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Tips for Finding a Qualified Tax Resolution Firm

Oct 5, 2021 11:08:00 AM

Given how high the stakes are, it is surprising how little thought many people give to their taxes. All too often, individuals simply walk into a neighborhood storefront, hand over their most personal information and trust the person on the other side of the desk to do the right thing and prepare their taxes properly.

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New Alzheimer’s Drug Approved by the FDA

Sep 29, 2021 8:00:00 AM

The US Food and Drug Administration (FDA) recently approved a new drug under the trademark Aduhelm™ to treat Alzheimer’s disease. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer's disease and is also the first FDA approval for a drug that does more than address the symptoms. This drug therapy can target the fundamental pathophysiology of Alzheimer's disease. In...

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How does the probate of a will work?

Sep 27, 2021 10:00:00 AM

In order for assets in a will to be transferred to a beneficiary, the will must first pass through the court process known as probate. During probate, the court oversees the will’s administration, ensuring your assets are distributed according to your wishes.

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The Importance of Creating a Legal Document Reflecting Your Final Health Care Wishes

Sep 22, 2021 8:00:00 AM

You may have seen a friend or loved one suffer for a long time with Alzheimer’s. In the final stages of this and other dementia diseases, there comes a time when the person can no longer speak, recognize loved ones, or move purposefully.

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Does the IRS Disagree with Your Return? 7 Critical Steps to Take Next

Sep 21, 2021 9:15:00 AM

It is one of the scariest things that can befall a taxpayer - the dreaded notice from the IRS stating you owe them more money you can’t pay. When you open up the mailbox and see the return address of the tax agency staring back at you, your heart is bound to skip a beat (or two).

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What Happens to Your Business When You Die

Sep 16, 2021 9:15:00 AM

You spend a significant part of your life building your business, and it becomes a major part of your legacy. But when you die, everything you have built could fall apart if you have not taken the time to create a business succession plan. Without a plan in place, your business’s fate may be decided by a court instead of according to your wishes. You can take actions now to position your business for continued success—even when you are no...

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