Wealth Planning Law Group

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So far Wealth Planning Law Group has created 46 blog entries.
1902, 2018

How Long Does The Succession Process Take?

By |February 19th, 2018|Uncategorized|Comments Off on How Long Does The Succession Process Take?

The succession process, also known as probate, is the court-overseen process by which a person’s final or outstanding bills are paid and their assets are transferred to their heirs. Succession is a three-step process. First, a petition to open succession is filed with the court, along with a decedent’s will, their death certificate, and any […]

1402, 2018

How Can Wealth Planning Law Group Help With Succession?

By |February 14th, 2018|Uncategorized|Comments Off on How Can Wealth Planning Law Group Help With Succession?

Succession, also known as probate, is the legal process by which an individual’s assets are transferred to their heirs and their final or outstanding bills are paid. This process is overseen by a court, to ensure that the individual’s rightful heirs and beneficiaries will inherit the designated assets.
Having an estate plan in place is important because […]

3101, 2018

Business Cycle Planning: Gearing Up For Sale of Business

By |January 31st, 2018|Uncategorized|Comments Off on Business Cycle Planning: Gearing Up For Sale of Business

During our years in practice, Wealth Planning Law Group has successfully counseled many business owners. We have guided them from business foundation all the way through succession planning. Wealth Planning Law Group understands that as business owners, you have invested countless hours and finances into your company. So when it comes to selling your business, […]

2901, 2018

Business Cycle Planning – Existing Business Services

By |January 29th, 2018|Uncategorized|Comments Off on Business Cycle Planning – Existing Business Services

Wealth Planning Law Group has successfully counseled business owners at all stages of their careers: from start-up, to growth management, all the way to succession planning. We understand that you have spent countless hours and dollars building your business, and that your investment needs to be protected.

Our New Orleans Business Planning Team can help maximize […]

2201, 2018

Issues to Consider in Business Cycle Planning

By |January 22nd, 2018|Uncategorized|Comments Off on Issues to Consider in Business Cycle Planning

You work hard to grow your business. Wealth Planning Law Group works hard to protect it.

We at Wealth Planning Law Group understand that you have invested countless hours and personal resources into your business. Our comprehensive Business Planning services can help you at every stage, ensuring that your business will continue to grow and that […]

2712, 2017

Charitable Estate Planning: Understanding the Limitations of Income Tax Deductibility

By |December 27th, 2017|Uncategorized|Comments Off on Charitable Estate Planning: Understanding the Limitations of Income Tax Deductibility

Wealth Planning Law Group’s month-long blog series on charitable estate planning continues with a look at the limitations of income tax deductibility on charitable giving.

As we discussed in our previous blog on charitable estate planning, an outright gift is one of the simplest forms of charitable giving. This type of giving occurs when an individual […]

2012, 2017

Five Popular Charitable Estate Planning Strategies

By |December 20th, 2017|Uncategorized|Comments Off on Five Popular Charitable Estate Planning Strategies

Many people who accumulate social capital will look for opportunities give back and support their favorite causes. Charitable estate planning is a fantastic way of building a philanthropic legacy while protecting the wealth you have worked so hard for. It can also help you save on income, estate, and other taxes. Here are five popular […]

1312, 2017

The Process of Charitable Planning

By |December 13th, 2017|Uncategorized|Comments Off on The Process of Charitable Planning

Many people who accumulate wealth will at some point look for opportunities to give back to their community or to their favorite charitable causes. Philanthropy is a noble pursuit allowing you to do some real good in the world. It can also provide some major benefits such as savings on income and estate tax.

The process […]

2811, 2017

How a Declaration of Paraphernality Can Protect Your Assets

By |November 28th, 2017|Uncategorized|Comments Off on How a Declaration of Paraphernality Can Protect Your Assets

As discussed in our previous blog, Louisiana is a community property state, meaning that spouses own and owe everything equally. Income received or property acquired during the marriage is community property, regardless of who earned, acquired, or spent the assets. In divorce cases, Louisiana courts typically split the spouses’ community property 50-50, unless there are […]

2111, 2017

What Makes Louisiana a Community Property State?

By |November 21st, 2017|Uncategorized|Comments Off on What Makes Louisiana a Community Property State?

Louisiana is one of a few states that observe “community property” laws. Community property is defined as everything spouses own together, whether that be earned income, debts, or property acquired during the marriage. In community property states spouses own and owe everything equally, regardless of who earned or spent the assets.

More specifically, the types of […]