When you start a family business in Louisiana, you want it to last. But few businesses make it into the second or third generations. Only 30% of companies have a business succession plan in place for when their founder or leader passes. Making a business succession...
A 529 college savings plan is a good idea. Putting money away now for education helps fight against growing educational costs in the future. With a 529, growth and earnings on it are tax-free as long as they are used for educational purposes. In addition, this account...
Heirs may have different ideas about "fair" when a will goes through probate in Louisiana. One relative might believe he/she is "owed" a set amount of money or possession of a particular heirloom. Although someone may feel a specific way, hurt feelings or entitlement...
Buying your first home can be a stress-inducing process, even if it is one of the most exciting times in your life. Making the commitment to pay a mortgage for up to 30 years can bring about a great deal of worry. For first-time homebuyers in Baton Rouge, Louisiana,...
Not everyone takes part in formal estate planning, which could be a mistake. Others may take steps to devise a will, draw up a power of attorney agreement, and other measures. Writing and signing a legal will and placing it in a Louisiana safe for decades might not be...