Progeny Law Firm

The past few years have brought more people than ever to the world of Estate Planning. Whether prompted by global uncertainty, changes in tax law, or a desire for peace of mind, families and individuals are eager to put their affairs in order. At the same time, attorneys have worked tirelessly to meet that demand—often managing more clients and cases than ever before. With this increased volume, efficiency has become essential. But in the rush to serve everyone well, it’s important not to sacrifice the careful customization that makes an Estate Plan truly effective. The following article explores how attorneys balance speed and precision—and why the best plans are never “one-size-fits-all.” The post Balancing Efficiency and Excellence: The Perils of Boilerplate in a Busy Estate Planning Practice appeared first on Progeny Law Firm. http://dlvr.it/TQM6dx

Settling a loved one’s estate in Louisiana can feel overwhelming, especially when you are grieving and unsure where to begin. Many families assume that every estate requires a formal court proceeding. But Louisiana is one of the few states that offers a simplified option for qualifying estates known as a small succession. The post Small Successions in Louisiana: When You Can Use an Affidavit and When You Need a Succession Attorney appeared first on Progeny Law Firm. http://dlvr.it/TQDTWf

The holidays are a great time to review the past year and make plans for the upcoming one. Part of those plans should be reviewing your Estate Plan and considering what, if any, steps you should take to help you achieve your goals. One of the easiest, but most overlooked, ways to do some quick planning is to take advantage of the annual per donee exclusion amount which can have a tremendous impact on reducing the estate without use of the applicable exclusion amount. The post Don’t Be a Turkey or a Ham- Take Advantage of Your Annual per Donee Exclusion Amount appeared first on Progeny Law Firm. http://dlvr.it/TPyxFv

Planning for long-term care is one of the most important steps a family can take in Louisiana. Nursing home care can cost thousands of dollars each month, and many people turn to Medicaid to help cover the cost. However, Medicaid eligibility is based on strict income and asset rules. If you own too much, or if your assets are titled the wrong way, you may face delays, penalties, or even a Medicaid denial. The post Medicaid and Estate Planning in Louisiana: How Trusts, Life Estates, and Succession Planning Affect Eligibility appeared first on Progeny Law Firm. http://dlvr.it/TPtpL1

When someone passes away, one of the first questions their loved ones ask is, “What happens to their debts?” The post What Happens to Family Debts When You Die in Louisiana? appeared first on Progeny Law Firm. http://dlvr.it/TPm8cY

For many Louisiana families, the vacation home or camp holds more than monetary value. It’s where memories were made—holidays, fishing trips, and summers spent together. Naturally, parents want to pass that special place on to their children. The post Leaving a Vacation Home or Camp to Multiple Heirs in Louisiana: How to Avoid Family Conflict appeared first on Progeny Law Firm. http://dlvr.it/TPZHCW