THE PURSUIT OF HAPPINESS AND TAX DEDUCTIONS (Hobby Loss Limitations)

“The highest form of bliss is living with a certain degree of folly.” Desiderious Erasmus Dr. McCoy folded his knife blade and tucked it back into his pocket as the Montana sun rose above the mountains. Hanging before him was a freshly dressed elk he took just a few hours before. He warmed his hands over […]Continue reading

ONE CALL, THAT’S NOT ALL (Deducting The Cost of Legal Fees)

“The power of the lawyer is in the uncertainty of the law.” Jeremy Bentham Doctor Walter Palmolive arrived at Hwang National Park in Zimbabwe on June 30, 2015. The sweeping savannas spread out like an ocean vista and held host to the most feared and well-known predators in all of Africa. An Expensive Game Doctor […]Continue reading

Remedy For Oppression of Minority Shareholder in Louisiana

“Power tends to corrupt and absolute power corrupts absolutely.” Lord Acton There is no guaranty that a business partner with a controlling interest will always act in the best interest of other non-controlling owners. Conversely, rest assured that someone at this very moment is suffering some level of “squeeze” from a majority owner of a […]Continue reading

EVEN THE MOST HATED MAN ON THE INTERNET USES BITCOIN (Business Planners Take Note of New Electronic Currency Trends)

“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust” ~John McAfee, Founder of McAfee “[T]he fact that within the bitcoin universe an algorithm replaces the function of [the government] … is actually pretty cool.” ~Al Gore, 45th Vice President of the United States […]Continue reading

REMEDY FOR ABUSE OF POWER OF ATTORNEY IN LOUISIANA

“A wise man should have money in his head, but not in his heart.” Jonathan Swift Although there are no absolute guarantees that long term financial plans will be carried out exactly as directed, a new law in Louisiana now provides much-needed protection to family members, in the event that they fall victim to financial abuse […]Continue reading

VICTIM OR THE CRIME (An Age Old Story of Undue Influence)

“There are various attributes of life – such as… awareness, growth, autonomy, will. It is possible to kill or attempt to kill one of these attributes without actually destroying the body. Thus, we may “break” a horse or even a child without harming a hair.” M. Scott Peck, People of the Lie BORN TO […]Continue reading

THE OSTRICH APPROACH (Execute or Update Your Will Before It’s Too Late)

“If you fail to plan, you are planning to fail” Benjamin Franklin In a fictional survey, four out of five people indicated they would rather have a tooth drilled without anesthesia than to read their own last will and testament. Four out of five dentists approved the survey. The point being is that a […]Continue reading

PRO BONO PUBLICO (Physician Liability for Charity Care)

“Where there is charity and wisdom, there is neither fear nor ignorance.” St. Francis of Assisi Pro bono Publico – a Latin phrase for professional work undertaken for the public good without charge, especially legal work for a client with a low income. Charitable care – health care provided for free or at reduced prices […]Continue reading

TO PORT, OR NOT TO PORT: THAT IS THE QUESTION (Lifetime Exemption Planning)

“A goal without a plan is just a wish.”Antoine de Saint-Exupery Barb scurries about the house taking care of last-minute details, while Mike is in the garage pulling down the decorations. Barb and Mike have hosted many family gatherings in their 40 years of marriage, but this year will be a little different. Mike has […]Continue reading

FAMILY BUSINESS GUMBO

“The advantage of growing up with siblings is that you become very good at fractions.” R. Brault THE FAMILY RECIPE Family businesses are the backbone of the United States economy – comprising 80 to 90 percent of all business enterprises, 64% of gross domestic product, 62% of employment, and 78% of new job creation. By […]Continue reading

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