Business Succession and Estate Planning: It Can Be Complicated

Transferring a family business to the next generation requires a delicate balancing act. Estate and succession planning strategies aren’t always compatible, and family members often have conflicting interests. By starting early and planning carefully, however, it’s possible to resolve these conflicts and transfer the business in a tax-efficient manner. Ownership vs. management succession One reason […]Continue reading

DIY LOUISIANA WILL EXECUTION BACKFIRES (Notary Stamp Completely Invalidates Will)

DIY LOUISIANA WILL EXECUTION BACKFIRES (Notary Stamp Completely Invalidates Will) BY THEUS LAW OFFICES “The views expressed by Me are in no way endorsed by CBS any of its allied companies or in fact Me.” ~Craig Ferguson Ms. Sandra Dale lived in East Feliciana Parish, Louisiana. She loved East Feliciana Parish so much that she named her [...]Continue reading

A Prenup or a DAPT: Which is the Better Choice?

A Prenup or a DAPT: Which is the Better Choice? BY THEUS LAW OFFICES If you or one of your adult children is getting married, you may be concerned about protecting your family’s assets in the event of a divorce. A prenuptial agreement can be an effective tool for overriding marital property rights and keeping assets [...]Continue reading

Estate Planning Lite: College-Aged Children Need a Basic Estate Plan

Estate Planning Lite: College-Aged Children Need a Basic Estate Plan BY THEUS LAW OFFICES If your son or daughter currently is home from college on winter break, now is a good time to sit down and discuss a few estate planning documents he or she should have at this stage of life. Let’s take a closer [...]Continue reading

If You’re Driven to Transfer a Vehicle’s Ownership to a Trust, Know the Risks

If You’re Driven to Transfer a Vehicle’s Ownership to a Trust, Know the Risks BY THEUS LAW OFFICES A revocable trust — often referred to as a “living trust” — can help ensure smooth management of your assets during life and avoid probate at death. And you may know that the trust isn’t effective unless you [...]Continue reading

Jump to the Front of the Line by Expediting Your I-751 Application

Jump to the Front of the Line by Expediting Your I-751 Application BY THEUS LAW OFFICES For spouses of U.S. citizens who have been granted conditional permanent residence status for a period of two years, you will need to file form I-751 to remove the conditional status during the 90 days before your second anniversary as [...]Continue reading

Have You Had Your Annual Estate Plan Checkup?

Have You Had Your Annual Estate Plan Checkup? BY THEUS LAW OFFICES An annual estate plan checkup is critical to the health of your estate plan. Because various exclusion, exemption and deduction amounts are adjusted for inflation, they can change from year to year, impacting your plan. 2019 vs. 2018 Amounts Here are a few key [...]Continue reading

Exemption from Naturalization Interview Language Requirement

Exemption from Naturalization Interview Language Requirement BY THEUS LAW OFFICES Often times, individuals do not become permanent residents until much later in life. This often occurs when adult United States citizen children who are over twenty-one filing a petition on behalf of their much older non-citizen parent. As a result, many of these parents are not [...]Continue reading

Hastily Choosing an Executor Can Lead to Problems After Your Death

Hastily Choosing an Executor Can Lead to Problems After Your Death BY THEUS LAW OFFICES Choosing the right executor — sometimes known as a “personal representative” — is critical to the smooth administration of an estate. Yet many people treat this decision as an afterthought. Given an executor’s many responsibilities and complex tasks, it pays to [...]Continue reading

An ESOP Can Benefit a Business Owner’s Retirement and Estate Plans

An ESOP Can Benefit a Business Owner’s Retirement and Estate Plans BY THEUS LAW OFFICES Employee stock ownership plans (ESOPs) offer closely held business owners an exit strategy and a tax-efficient technique for sharing equity with employees. But did you know that an ESOP can be a powerful estate planning tool? It can help you address [...]Continue reading

Theus Law Offices