Progeny Law Firm

As we approach the end of another tax season, it’s a good time to review the list of “Dirty Dozen” tax schemes published by the Internal Revenue Service for the year. Many of these schemes peak during tax time and involve fraudsters looking for ways to steal taxpayers’ money, personal information, and data. Attorneys can help their clients by alerting them to these scams and providing advice on how to avoid them. The post IRS Warning: The 2026 Dirty Dozen Tax Scams appeared first on Progeny Law Firm. http://dlvr.it/TRxbPG

Selecting a trustee is one of the most important—and most misunderstood—decisions in Estate Planning. While many individuals focus on who will receive their assets and how those assets will be distributed, far fewer consider the impact the Trustee will have on the management and distribution of those assets. This article explores why trustee selection matters, common pitfalls that lead to conflict and litigation, and how thoughtful planning can help preserve both family harmony and a lasting legacy. The post Trustee Selection: Why It Matters and How to Get It Right appeared first on Progeny Law Firm. http://dlvr.it/TQwy1g

The recent $10 billion sale of the Los Angeles Lakers provides a powerful cautionary tale about Estate Planning, family conflict, and business succession. Despite a sophisticated Trust designed to keep ownership in the Buss family, structural flaws and sibling rivalries ultimately dismantled Jerry Buss’s legacy. This case illustrates why even well-drafted Estate Plans can fail when they ignore real-world dynamics. Learn the critical lessons every family business owner should consider before it’s too late. The post When Estate Planning Fails: Family Infighting and the $10 Billion Lakers Sale appeared first on Progeny Law Firm. http://dlvr.it/TQpD7d

Planning is important for your income taxation during life as well as for any estate taxes at death. With year-end approaching, it is an ideal time to begin planning for the year ahead. As Benjamin Franklin said: “By failing to prepare, you are preparing to fail. The post Tax Planning for 2025 and Beyond appeared first on Progeny Law Firm. http://dlvr.it/TQV70R

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