Most Louisiana contracts are carefully negotiated, which means that the parties involved have a detailed understanding of their obligations and expectations. Failing to abide by the terms of a contract, of course, can lead to a breach of contract and significant harm...
The advantages and disadvantages of sole proprietorship
There are many options when it comes to choosing a business structure. Each has its own advantage, of course, and many have certain limitations. Therefore, you need to engage in careful consideration before choosing a business structure. After all, you'll likely be...
What is the most critical part of an employment contract?
If you are preparing to hire an employee, it is necessary for you to develop an employment contract that will provide protection and clarification for both you and the candidate you choose to hire. Creating a document that details the terms of your new hire's...
No estate plan often results in family disputes over inheritance
When people are in the prime of their life, enjoying family, a good job and a stable living situation, it can be difficult for them to get into the thought process of planning their estate. However, it is in these moments that planning an estate is so critical for...
The benefits of a merger
Building a successful Louisiana business that has longevity requires foresight and strong strategies to reach identified long-term goals. This means that many considerations must be made when running a business that address a wide variety of legal issues. One of these...
Should you plan for disability?
If we are very fortunate, we may make it to the end of our lives without suffering long-term impairment or disability, but that is much less likely than most people like to think. Disability can occur suddenly because of an injury. Without proper precautions in place,...
Financing a franchise
Being an entrepreneur can be a very lucrative move to make. When choosing to start a business, there are many avenues to take, any of which could lead to success. Recently, this blog discussed the corporate structure. This is one option available to those seeking to...
What is a lien?
If you want to sell or buy a home in Louisiana, it is essential to ensure the property does not have a lien. Realtor.com explains a lien is a legal claim of a creditor over your property. If you have a lien, you cannot sell until you pay the debt to the creditor....
What is a forced heir?
In Louisiana, you have the right to create your estate plans that outline what happens to your assets upon your death. You can decide which heirs get what assets. You can make all the decisions. When you die, as long as you have legal plans, the court upholds your...
The steps involved with business dissolution
It's no secret that businesses come and go. While some can thrive for decades or even generations, others are forced to close operations much sooner than anticipated. While this can be a heart-wrenching time for business owners, they need to make sure that they...