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A power of attorney is a crucial legal document that enables another person to act on your behalf when you are unable to do so. This power can be specific to a single activity or broad in its scope. It can also provide permanent or temporary authorization for someone else to act. Regardless of the…
Estate planning attorneys are not just limited to preparing a Last Will and Testament or trust. In most cases, they can assist with a full range of end-of-life arrangements. If you are considering hiring a Louisiana estate planning attorney but want to learn more about their services, this blog post will explain what these legal…
A pooled income trust is a charitable trust created and maintained by a qualified non-profit organization. The trust receives contributions from people, families, or other entities and then invests the contributions to provide dividends for the trust’s beneficiaries. Beneficiaries will then obtain income distributions during their lives. However, after they have passed away, the trust…
As individuals age, they may need additional assistance to meet their needs. Unfortunately, many of these services, such as nursing home care or other assistance programs, can be quite expensive. In some instances, individuals may have to turn to Medicaid to help with these costs. Yet, obtaining Medicaid assistance can be a complicated process with…
When an individual passes away, the ownership of their property and assets will be transferred to their rightful heirs through a legal process known as probate. However, one thing to understand is that in Louisiana, the probate process is unique. For starters, the laws in the state do not technically use the term probate. Rather,…
Beneficiaries who receive benefits from programs like Medicaid or Supplemental Security Income (SSI) may be at risk of losing those benefits if they receive money from an accident settlement or inherit money. This is because their income may exceed the thresholds set by these government programs. However, there are ways that individuals can protect these…
Leaving an inheritance for your children does not have to be difficult or complicated. With proper planning and the right tools, you can secure your children’s financial future and maximize their benefits without stress. In the below blog post, we will discuss how you can maximize the inheritance you leave for your children and also…
In Louisiana, seniors have many options when it comes to their living situation as they age, from home sharing to setting up roots in new communities that provide a full range of support services. However, the issue that individuals run into with these choices is that they simply wait too long to make plans, which…
A Power of Attorney (POA) should be part of everyone’s estate planning documents. However, many people fail to include this document in their plans because they do not know what it is or realize how important it can be for their future. That is why, in this blog post, we will review what a POA…
Dealing with the probate process in Louisiana can be unnerving, especially during emotionally challenging times. That is why it is essential for individuals who have lost a loved one to understand the critical steps involved in probate administration as they navigate the distribution of their estate. In the below article, we will provide a basic…
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