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Louisiana Estate Planning & Elder Law Blog

Selling Your Small Business: What You Should Know

Jun 9, 2021 9:00:00 AM

Determining whether to start a business is a major life decision. For small business owners, deciding when and how to sell the business is arguably even more consequential. Before selling a business, the owner is likely to spend many hours and even days worrying and considering the options: Is the market right? What price should I set for my business, and is that value the “right” value? How do I get started? While these maybe some of the ...

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Ways an Elder Law Attorney Can Assist Caregivers

Jun 8, 2021 8:45:00 AM

While an elder law attorney typically works with seniors directly, they can also help family caregivers take care of their oved ones and explain how to plan for the future. Because elder law encompasses many areas of law, these specialized attorneys may be able to help you with the following:

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New Rules For Deducting Meal and Entertainment Expenses

Jun 7, 2021 11:42:00 AM

Taking your clients out to dinner or to a sporting event can be a great way to get to know the people with whom you are doing business and help you develop a closer relationship. Plus, business-related meals and entertainment can be a legitimate business expense (with some exceptions) that you can deduct from your company’s income taxes. 

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What Happens to an LLC After a Member Dies?

Jun 5, 2021 8:05:19 AM

Death is difficult enough for those left behind, who have not only emotional but also logistical considerations to manage. However, when an owner of a limited liability company (LLC) dies, it exacerbates the difficulties for the surviving members. In addition to bearing the loss, they must determine whether the LLC can or even should continue.

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Just Married? 6 Estate Planning Essentials for Newlyweds—Part 2

Jun 4, 2021 11:33:00 AM

As we head into the peak of wedding season, if you are a newlywed or are about to tie the knot, add “estate planning” to your do list. And yes, we imagine that at this happiest time of your life, planning for your potential incapacity and eventual death is probably the farthest thing from your mind, but getting it handled as part of your wedding planning is the greatest gift you can give your soon-to-be spouse.

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Just Married? 6 Estate Planning Essentials for Newlyweds—Part 1

Jun 3, 2021 11:21:00 AM

As we head into the peak of wedding season, if you are a newlywed or are about to tie the knot, add “estate planning” to your do list. And yes, we imagine that at this happiest time of your life, planning for your potential incapacity and eventual death is probably the farthest thing from your mind right now, but getting it handled as part of your wedding planning is the greatest gift you can give your soon-to-be spouse.

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Why You Should Create a Trust To Protect Your Business and Family

Jun 2, 2021 11:12:00 AM

Although you can invest in many different types of insurance to protect your business from lawsuits and other liabilities, one of the greatest liabilities you simply can’t avoid, especially if you are the sole owner of your business, is your incapacity or death.To make certain that your business—and the income it generates for your family—would continue to run smoothly when something happens to you, you need to create a comprehensive estate...

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Thinking of Getting an Online Will? Please Read This First

Jun 1, 2021 9:09:00 AM

A last will and testament is the most commonly thought-of document when it comes to an estate plan. But really it is only a very small part of an integrated plan that ensures your family stays out of court and out of conflict if and when something happens to you.

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Should I leave money for my child with special needs in my will?

May 31, 2021 9:00:00 AM

No, and let me explain why—when planning for a loved one with special needs, you must be extremely careful and always work with an experienced lawyer like us, because if handled improperly, you can easily disqualify your loved one with special needs from much-needed government benefits.

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What is the Difference Between Medicare and Medicaid?

May 29, 2021 7:50:04 AM

Medicare and Medicaid are two different government programs for healthcare. It is important to understand the difference between them. Here, we will discuss how the program benefits differ, how eligibility for each program is established, and discuss some recent news pertaining to each program.

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