<img height="1" width="1" src="https://www.facebook.com/tr?id=2614898952056530&amp;ev=PageView &amp;noscript=1">
Louisiana Estate Planning & Elder Law Blog

When a Beneficiary No Longer Lives, Who Inherits the Estate?

Apr 20, 2022 1:00:00 AM

What happens to your inheritance if your beneficiary has passed away? You may be wondering whether if you leave property to your brother Jim, but he dies before you, would his kids inherit the property in his place? The answer is, only if your will explicitly states as much. To ensure your document is correct, it's best to say so specifically in various particular ways.

Read More...

Physical Activity and Exercise Are Essential as We Age

Apr 13, 2022 1:00:00 AM

Exercising and staying physically active have long been recognized as being beneficial for people of all ages, but they become even more important as we age.

Read More...

Even if You Have a Will, Is That Enough?

Apr 6, 2022 1:00:00 AM

In the United States, almost half of all adults lack a will. So if you've already drafted one to ensure your assets are protected and your beneficiaries are protected, congratulations are in order. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may not cover everything you want it to. You may want to consider creating an estate plan that involves the use of a...

Read More...

Is My SSDI or SSI Affected by Personal Injury Settlements?

Mar 30, 2022 6:30:00 AM

Answers to questions about how personal injury settlements affect your Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) benefits and whether or not you should apply for SSDI and pursue a personal injury claim at the same time depend on your specific circumstances. However, there is a general short term answer for both SSDI and SSI:

Read More...

Eight Trillion Dollars, Medicaid, and the Cost of Senior Living

Mar 23, 2022 6:15:00 AM

The need for affordable long-term care services has increased dramatically in America. Costs are exorbitantly expensive whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home. The US Department of Health & Human Services (HHS) finds that Americans aged 65 or more have a 70 percent chance of requiring long-term care services. Family members also absorb these costs for their loved ones at...

Read More...

What a Creditor Can Do to Disrupt Probate

Mar 16, 2022 6:30:00 AM

An executor is generally designated in a will to notify the public of the death date of a testamentary by posting the notice in a local newspaper. In part, this information serves as notice to creditors if the decedent has an outstanding debt with them. The personal representative must also make a reasonable effort to notify ascertainable creditors.

Read More...

Abuse of Elders During the Coronavirus Pandemic

Mar 9, 2022 6:30:00 AM

There are many forms of elder abuse, and it may present itself in multiple ways simultaneously in older adults' lives. Sadly, elder abuse events are significantly underreported. The National Council on Aging reports that estimates range as high as five million older adults experience abuse every year or about one in ten. A study by The National Institutes of Health (NIH) estimates that only one in fourteen cases are reported to authorities. The...

Read More...

Planning an Estate for a Surviving Spouse

Mar 2, 2022 6:15:00 AM

It is difficult to look past your grief after the loss of a spouse or long-time partner. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan. In truth, estate planning is perpetual as it accounts for changes in marriages, deaths, divorces, and births of children and grandchildren. Assuming your spouse left an up-to-date estate plan requiring no further...

Read More...

In Need of Help: How to Help Family Members

Feb 23, 2022 5:45:00 AM

There are many people these days battling an addiction, living on the streets, or suffering from a mental disability - or all three at once. Many families want to assist family members struggling like that, but families are unsure how to offer that assistance, given that money might hurt more than help. Especially inheritances, which can come in one lump sum, could be squandered on self-destructive behavior or exploited by street "friends."

Read More...

How Soon Should You Begin Receiving Social Security Benefits After Being Laid Off?

Feb 16, 2022 6:00:00 AM

As a result of the coronavirus pandemic, Americans face risks that extend beyond becoming infected with COVID-19. If you are close to retirement age and recently lost your job, there is a good chance you may not find work again. The Great Recession (2007-2009) saw workers aged 62 and more were about half as likely to become re-employed compared to those in the age group of 25 – 34. The Becker Friedman Institute for Economics at the University of...

Read More...