Progeny Law Firm

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