If you get divorced in Louisiana, your joint assets will be divided equally. This means that you may be required to part with equity in a home, a portion of a retirement account or a portion of a taxable investment portfolio. You may want to take a look at the...
Going through a divorce is difficult. It doesn't become any easier, though, if you and your spouse have a lot of assets. You may have been fortunate enough to establish a successful business in your marriage or you inherited significant assets from your parents. Or...
When couples are preparing to walk down the aisle, they are likely not thinking about the possibility that the marriage may someday end in divorce. However, there is great benefit in considering this possibility in the future and putting certain protections in...
Like most good Louisiana parents, you want what is best for your children. That's why, when you told them you were getting divorced, you also assured them of your support and that you'd do whatever you could to help them adapt to their new lifestyle. You knew from...
If you think back over the past five years, you can probably list numerous changes that have taken place in your family. Perhaps a son or daughter got married or divorced. Maybe you and your spouse moved to another state or decided to purchase a vacation home. Even if...
As your small business grows, you may be proud of the level of trust you have earned with your clients and customers. Not only does each interaction provide you with an opportunity to prove that trust, but it may allow you to build your reputation as a reliable...
Owning your own home provides you with several benefits and challenges throughout the time you own it. As you take care of your landscaping, maybe renovate the kitchen or otherwise make it your own, you may want to stop to think what will happen to it after your...
You probably already know that getting a divorce could significantly impact your finances. If you and your spouse already struggle to make ends meet, you may consider filing for bankruptcy. The problem of knowing when to file bankruptcy and when to file for divorce...
Have you ever heard of the means test? It is a form used in Louisiana and elsewhere to determine Chapter 7 bankruptcy eligibility. Before you can file for this type of debt relief, you have to take this test in order to show that you truly lack the means to meet your...
Many people associate bankruptcy with low-income levels and other similar financial struggles. In reality, the need for bankruptcy may have very little to do with a person’s income and more to do with the type and amount of debt that he or she has. Even people with...
