Many individuals choose to donate to charity throughout their lives, always ready to lend a helping hand through finances in Baton Rouge, Louisiana. You can choose to continue to give even after you pass, however, through a charitable trust. If you want to start a...
Strategies for estate planning with difficult beneficiaries
A challenge shared by many Louisiana residents who are making an estate plan is what do to about beneficiaries who may have certain issues, such as substance abuse or financial irresponsibility. You may want to leave an inheritance for them, but you may also be...
When should you update your will?
Writing your will in Louisiana isn't necessarily something that you do once. Throughout your lifetime, you'll update and revise your will to make sure that it's current and fairly distributes your assets after you die. When you make a major purchase like a house, it's...
Can you avoid estate taxes on your assets?
Many people in Louisiana don't realize that their loved ones might have to pay estate taxes after their death. You might not be able to eliminate estate taxes entirely, but you can take steps to reduce the amount of taxes that your loved ones have to pay on their...
Estate planning: what you need to pay attention to
Life is unpredictable, which is why so many legal and financial professionals in Louisiana urge people to begin to create their estate plans as soon as possible. What should you add to your plan? This is a very important question as it can determine how your assets...
Why you should pay for estate planning advice
Ideally, you will craft your estate plan with the help of a Louisiana estate planning professional. This person may help you think about what you want your estate plan to do and what might happen if your goals change at some point in the future. Take a look at some of...
Wills ensure estate assets distribution after death
A will is an effective estate planning tool that helps to ensure assets are distributed as intended by the party that passes on. The testator is the person who writes out a will that expresses the person’s wishes for how remaining assets are distributed after death....
Never too young for estate planning in Louisiana
When you're in your 20s and 30s and just establishing a career path, it's easy to overlook estate planning. After all, most people live well beyond their early adulthood and have decades ahead of them during which such matters could be handled. But when car accidents,...
What is a quiet title action and why would you file one?
Owning property in Louisiana and elsewhere is both valuable and lucrative. Whether one is a home owner and owner of residential property or owns commercial property, certain property rights are extended to an owner. While it may seem straightforward, a property owner...
Differences between LLC and S-Corp for businesses
People may have an idea for a new business in Louisiana or may have been working for a company for a long time and want to branch off and start their own business. This can be an exciting time, but business formation also takes a significant amount of planning before...