The Louisiana Estate Planning and Elder Law blog provides information and insight into estate planning and elder law issues in Louisiana. It is published by Laurie Kadair Redman, who practices mostly in the areas of estate planning, successions and small business advising.
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Many people use life insurance to cover the cost of the death tax, but the strategy is failing in some estate plans now. Why? Because of low interest rates. A plan issued when rates were higher could be counted on...Many people use life insurance to cover the cost of the death tax, but the strategy...
Another reminder of the dangers of not have an estate plan in place if you have minor children. This one from The California Estate Planning Blog. One of their authors writes (and is right): I am constantly amazed at how... Another reminder of the dangers of not have an estate plan in place if you...
Much of this blog is dedicated to convincing readers to see an estate planning attorney to draft a will and other estate planning documents. In these economic times, some may decide that's too expensive and download a form off of...Much of this blog is dedicated to convincing readers to see an...
Heath Ledger, but since he died in January '08 many have speculated as to who would get the coveted statuette if he won. His daughter, Matilda? But wait, she's only 3 and is legally unable to sign the winner's agreement...Heath Ledger, but since he died in January '08 many have speculated as to who...
Paul Sullivan of the New York Times recently wrote an article containing concise explanations of basic estate planning ideas and why you should plan now.Check the article out here.Paul Sullivan of the New York Times recently wrote an article containing concise explanations of basic estate planning...
On Monday, The Wall Street Journal reported that the Obama team plans to keep the estate tax instead of letting it expire in the year 2010 as planned. The democrats position as stated by the article is:In making their case...On Monday, The Wall Street Journal reported that the Obama team plans to...
Your 529 plan allows you to invest tax-free for college expenses. The flip side is that if your plan has lost money, you may be able to deduct the losses from your adjusted gross income. This is an obscure tax...Your 529 plan allows you to invest tax-free for college expenses. The flip side is that...
The Wall Street Journal has an excellent article on why now is a good time to transfer wealth to your heirs. They write:The economy is a mess, home prices are reeling, and stocks have plunged. But for those likely to...The Wall Street Journal has an excellent article on why now is a good time to...
They say: Paul V., a 27-year-old man who has been severely disabled since birth, was placed under guardianship in Illinois, with the court naming his grandparents, whom he lived with, and a bank as guardians. ... His mother and grandmother agreed to the appointment, but did not discuss with the...
Before the divorce is final, meet with your estate planning attorney to: Examine any powers of attorney (POA) in which you have named your current spouse and revise them to designate someone else as your agent. Also, check to make sure any entity that has a copy of the old POA is notified of the...