How to Prepare for the Care of Your Aging Parents in Louisiana

How to Prepare for the Care of Your Aging Parents in Louisiana

Caring for aging parents is challenging, no matter your age. However, 54 percent of Americans are currently “sandwiched” between their children and their aging parents – often creating additional stress daily. Preparation is one way to combat the stress of caring for your aging parents. For example, adult children can help aging parents prepare by…

What Is a Special Needs Trust?

What Is a Special Needs Trust?

Estate and trust planning are often challenging tasks.  Throw in a special needs trust?  And things just get more complicated. Special needs trusts are legal relationships where a physically, mentally, or chronically ill person can receive income without generally reducing any public financial assistance, such as Social Security, Medicaid, or Supplemental Security Income (SSI).  Keep…

4 Things to Know About the Veterans’ Improved Pension Plan

4 Things to Know About the Veterans’ Improved Pension Plan

Returning to civilian life as a veteran is challenging – to say the least. From a loss of identity, to health issues, to financial concerns, veterans need support when integrating back into non-military life. The Veterans’ Improved Pension Plan is one type of support. The Department of Veterans Affairs runs this pension program, which provides…

4 Things to Understand About Veterans Benefits In Louisiana 

4 Things to Understand About Veterans Benefits In Louisiana 

Federal benefits are available to just over 18 million U.S. veterans, according to the United States Census Bureau. However, what about state benefits? Each U.S. state offers additional benefits for veterans and their families, including education and training programs as well as military pay tax exemptions. Louisiana is no different. The 283,000 veterans living in…

3 Common Types of Louisiana Trusts to Consider When Creating Your Estate Plan

3 Common Types of Louisiana Trusts to Consider When Creating Your Estate Plan

Certain documents – such as wills or powers of attorney – are standard when creating your estate plan. But what about adding a trust? Including a trust in your estate plan gives you additional protection for yourself and your loved ones.  A trust can also protect your legacy – creating a path forward for your…

Healthcare Power of Attorney vs. Living Will vs. Advanced Medical Directive
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Healthcare Power of Attorney vs. Living Will vs. Advanced Medical Directive

No one enjoys talking about their own mortality, but the right legal tools can help ensure that your wishes are carried out should a medical emergency arise. In Louisiana, there is no legal default method for addressing these wishes in the event of unexpected incapacitation. However, certain legal tools can provide for these often unforeseen…