Welcome to the new blog of the Dutel Law Firm. We will be posting each month to highlight new developments in the law, comment on newsworthy issues, and share information. Please visit often to learn what’s new.
In conjunction with the arrival of the New Year, here are some great ideas for achieving your New Years’ Resolutions. This is not legal advice, but these are some suggestions for ways to make some of the most popular resolutions concrete, and how we can help you handle the legal issues involved. Take care of them now and you won’t have to worry about breaking your resolutions. Did you know that only 8% of New Year’s resolutions are achieved, and 25% of people’s resolutions don’t even make it past the first week of the new year? (Is your resolution to stop procrastinating? Perfect timing!)
Get Your Finances In Order
34% of New Year’s resolutions are related to money. This is a great goal for anyone; balancing your checkbook every month may be your resolution, but don’t forget about the long-term either.
Our suggestion: Estate Planning
What would happen if you (or one of your loved ones) passed away this year? Do you have a will? What will happen to your remains? Should you set up a trust? If you are a business owner, what will happen to your business? It’s something that no one likes to think about. But wouldn’t you rather have the peace of mind of knowing that your affairs are in order now and that your family can avoid ugly disputes about your last wishes? We can help you with your estate planning needs, whether they are as simple as updating your will, or as complex as determining the future of your business. Call us to set up a consultation today.
Lose Weight/ Get In Shape/ Focus On Healthy Eating
All great ways to improve your health, but have you ever considered what would happen if you have an unexpected medical emergency one day? Don’t forget to plan for your emergency health decisions while you are making healthy decisions during the new year.
Our suggestion: Medical and Financial Powers of Attorney
Incapacitation, like death, is something we don’t like to think about. But it’s smart to make a plan, just in case something should happen and you are not able to make your wishes clear. How do you feel about life support? Who do you trust to make your medical or financial decisions for you during a period of incapacity? And what if your trusted person is not a spouse or close relative; did you know that he or she can be removed from your hospital room if they are
unable to produce proper documentation of their authority to be there?
Bonus: by taking care of your estate planning and powers of attorney, you’ll be able to achieve another top resolution – to stress less!
Travel to An Exotic Land
I say, life is short, go for it! We have noticed that many of our clients choose to come to us to update their wills and other important documents before leaving on a long trip.
Travel far and wide, but update your important documents before you go.
Maybe marriage is in the cards for you this year. Have you considered a prenuptial agreement? Did you know that Louisiana is a community property state, and do you know what that means for your situation? Have you thought about adding your new spouse to your will? We can help you understand your options and make sure that you are entering into this new stage of life with the right preparation.
We can prepare a prenuptial agreement, revise your will to include your new spouse, or counsel you on other tools you might not have considered such as a declaration of paraphernality.
Start a New Business, or Take Your Current Business to the Next Level
Maybe you have a million-dollar idea, you have your investors all lined up, and you’re ready to start making the big bucks. Where to go from here? Or maybe you need help registering your Corporation, Partnership, or LLC, or you are having trouble remembering to submit your annual reports to the Secretary of State. Need a helping hand? We can help.
Contact us for your business formation or improvement needs.
Happy New Year from the Dutel Law Firm! We wish you the best in all your endeavors in the New Year.