The Story of Joseph Mitchell
With all the stories of the Saints/Falcons rivalry floating around today, and with it going to a new level with the Saints bus being egged by Atlanta Airport personel, I decided to let you know that not all Atlanta natives are egg...
Estate Planning: Leaving Assets to a ‘Troubled’ Heir
If you have a child or grandchild who is addicted to drugs or alcohol, or who is financially irresponsible, you already know the heartbreak associated with trying to help that child or grandchild make healthy decisions. Perhaps your other adult children or...
Medicare vs. Medicaid: Similarities and Differences
For close to twenty years, my wife, Wendy LoCoco, was involved with the nursing home industry. Due to her vast knowledge of elder care issues, she has been a great resource for many of our clients who are interested in elder planning...
Remarried? Protect Your Children With Proper Planning
First, we hope all of you did well with Hurricane Isaac and suffered minimal damage from the storm.
Next, in today's post, we will look at estate planning and the issues that come up with blended families.
If you are married for the first...
Retirement Accounts and Estate Planning
For many Americans, retirement accounts comprise a substantial portion of their wealth. When planning your estate, it is important to consider the ramifications of tax-deferred retirement accounts, such as 401(k) and 403(b) accounts and traditional IRAs. (Roth IRAs are not tax-deferred accounts...
Important Issues to Consider When Setting Up Your Estate Plan
Often estate planning focuses on the “big picture” issues, such as who gets what, who should I name as the Executor of my estate, who should be named as Tutors for my minor children, should a living trust be created...
Preparing for Hurricane Season.
As you know, June 1st is the beginning of hurricane season. As always, this time of year provides a moment for the residents of New Orleans and the surrounding areas to make their storm preparations.
However, it is also...
What is Involved in Serving as the Executor of an Estate?
An executor is the person designated in a Will as the individual who is responsible for performing a number of tasks necessary to wind down the decedent’s affairs. Generally, the executor’s responsibilities involve taking charge of the deceased person’s assets, notifying beneficiaries...