Why Everyone Should Have an Estate Plan
Do you have a will? A durable power of attorney? A health care proxy? If so, no reason to read on. If not, why not? Failure to create an estate plan risks causing discord in your family for [...]
What Happens to Your Online Content When You Die?
More and more of the music, movies, and books we own exist only online, in digital form. What happens to these collections after the owner dies? Surprisingly, while you may want your heirs to [...]
Planning for Pringle
When my daughter moved to Texas and began to build her own family, she never imagined that family would include four dogs. When she decided to move home, she and her husband packed up their [...]
Saying It Keeps Families in Poverty, Advocacy Groups Call to Abolish Medicaid Estate Recovery
To qualify for Medicaid coverage of long-term care, you must satisfy very complicated financial eligibility rules—rules that often can be traps for the unwary. One of the most significant traps [...]
What to Do When a Loved One Dies (Updated 2021)
Most months, this column is a space to share best practices and tips on how to build your estate and plan for its transfer to your loved ones upon your death. Despite all of our well-made plans, [...]
Using Estate Planning to Prepare for Medicaid
Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets [...]
Why an Irrevocable Trust May Be Superior to Gifting
Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the assets. Although setting up an irrevocable trust lacks the simplicity of giving a [...]
Baton Rouge Will Lawyers: Everything You Need to Know About Estate Planning When You’re Ill
A serious health diagnosis can force some tasks – especially ones you’ve been putting off – to the top of the priority list. Baton Rouge will lawyers know that estate planning is one of these [...]
Baton Rouge Estate Planning Lawyers: “Don’t forget about the SECURE Act!”
As we kick off 2021, Baton Rouge estate planning lawyers are encouraging their clients to reflect on legal changes that may have gone overlooked in the past year. Last January, the Setting Every [...]
Baton Rouge Business Planning Lawyer Answers: What Happens to Your Sole Proprietorship When You Die?
Sole proprietorships are a common type of ownership interest where the business owner and the business are the same. The business owner of a sole proprietorship is personally responsible for any [...]