Losavio & DeJean, LLC

?? As Thanksgiving Approaches... ?? As we prepare to celebrate Thanksgiving tomorrow, let’s take a moment to reflect on the blessings we have and the ways we can make the most of them. Whether it’s time spent with loved ones, memories of those we hold dear, or simply a chance to give thanks, there’s so much to appreciate. At Losavio & DeJean, we’re grateful for our clients, our team, and the trust you place in us to help protect your legacy and your future. From all of us, we wish you a joyful Thanksgiving filled with gratitude and love! ???? #Thanksgiving #Gratitude #Hemingway #ElderLaw #EstatePlanning #LosavioDeJean

How to Avoid Probate in Louisiana: 5 Key Strategies Probate can delay the transfer of assets, add costs, and create unnecessary stress for families. Avoid these issues with proactive estate planning: - Living Trusts: Bypass probate and keep your plans private. - Payable-on-Death Accounts: Seamlessly transfer funds. - Transfer-on-Death Deeds: Simplify real estate transitions. - Joint Ownership: Automatically transfer ownership. - Beneficiary Designations: Ensure assets go directly to loved ones. At Losavio & DeJean, we specialize in helping Louisiana families simplify estate planning and protect their legacies. Let’s plan your future together. #EstatePlanning #AvoidProbate #ElderLaw #LouisianaLawyer

?? What Is a Special Needs Trust? A special needs trust is a powerful tool to ensure the financial security of loved ones with disabilities while protecting their eligibility for essential government benefits like Medicaid or SSI. ?? With a special needs trust, you can: ?? Provide additional financial support for your loved one. ?? Safeguard their access to crucial benefits. ?? Create a legacy of care and stability. Planning for the future of someone you love is a big step. Let the experienced attorneys at Losavio & DeJean guide you in crafting a plan tailored to their unique needs. ?? Call us today at (225) 769-4200 to learn more. #SpecialNeedsTrust #EstatePlanning #LosavioDeJean #BatonRougeLawyers #PlanningAhead

Did you know that handling successions in Louisiana can be simpler and more affordable with a small succession affidavit? In this video, attorney Kent DeJean of Losavio & DeJean explains this innovative legal tool designed to save time, reduce costs, and eliminate court filings for qualifying estates. Learn about the requirements, including gross estate value limits and will conditions, to determine if this process is right for you. #EstatePlanning #SmallSuccession #LouisianaLaw #SuccessionPlanning #LegalAdvice #LosavioDeJean #SimplifySuccessions

Today, we pause to honor the sacrifices and dedication of our veterans who have served to protect our freedoms and uphold our values. At Losavio & DeJean, we are privileged to support veterans through specialized legal services, helping them and their families navigate complex areas such as Veteran Affairs benefits, estate planning, and more. As we celebrate Veterans Day, we extend our deepest gratitude to all who have served. Thank you, veterans, for your bravery and commitment. Your service is the foundation of our nation's strength, and we are here to support you in preserving your legacy. #VeteransDay2024 #ThankYouVeterans #LosavioDeJean #LouisianaElderLaw #VeteransDay

Is your estate truly safe from life’s unexpected challenges? In this video, attorney Kent DeJean from Losavio & DeJean explains why setting up a trust is essential for protecting your hard-earned assets. Discover the '4 Big Bad Wolves'—creditors, scammers, government, and greedy relatives—that threaten your legacy, and learn how a trust can serve as a fortress for your estate. From shielding against lawsuits and debts to safeguarding loved ones from scammers and securing government benefits, Kent dives into practical strategies to ensure your legacy remains protected. Watch now to gain valuable insights and take the first step toward building a secure financial future. #EstatePlanning #AssetProtection #Trusts #ElderLaw #ProtectYourAssets #FinancialSecurity #LegacyPlanning #AvoidScams #CreditorProtection #MedicaidPlanning #LongTermCare #LosavioDeJean #EstateLaw #TrustAttorney #SeniorPlanning

?? Protect Your Assets with a Medicaid Asset Protection Trust (MAPT) ?? A Medicaid Asset Protection Trust (MAPT) can be a game-changer for those looking to secure Medicaid benefits while preserving their assets. Here’s a quick rundown on how it works: ? What Is a MAPT? It’s a legal tool designed to protect your assets so they don’t count toward Medicaid eligibility, allowing you to qualify for long-term care benefits without risking your hard-earned savings. ? Who’s Involved? Grantor: Creates the trust Trustee: Manages the assets, but can’t be the grantor or their spouse Beneficiaries: Family members who will inherit assets upon the grantor's passing ? Key Benefits of a MAPT Qualify for Medicaid without depleting your assets Protect assets from Medicaid Estate Recovery, ensuring they go to your loved ones Peace of mind for you and security for your family’s future Planning for Medicaid is essential to preserving wealth for future generations. At Losavio & DeJean, our specialized attorneys are here to guide you through every step, from eligibility to application. Secure your legacy with a plan designed to protect what matters most! ?? ?? Contact us to learn more about how a MAPT could benefit you and your family! ? #EstatePlanning #AssetProtection #MedicaidPlanning #ProtectYourAssets #FamilyLegacy #SeniorPlanning #MedicaidTrust #FinancialSecurity #LouisianaElderLaw #PlanForTheFuture #TrustsAndEstates #ElderCare #LongTermCare #MedicaidEligibility #WealthPreservation

Join Pete Losavio, a Board Certified Estate Planning Specialist, as he explains the crucial steps for maintaining your trust. In this video, you'll learn the importance of annually reviewing your trust assets, how to ensure they are properly titled, and why transferring new assets into your trust can protect them and avoid probate. Don’t leave your legacy to chance—watch now for expert tips and insights! #elderlaw #estateplanning #trustlaw #legaltips

Can you save too much for retirement and turn your retirement account into a ticking tax bomb? Yes, it is possible. For example, Joe, who is single, started contributing to his 401k plan in 1990 when he was 36 years old, he made maximum allow contributions free tax bases. Joe's about to retire because of good returns over the years. His pre-tax 401k account is worth approximately $5 million dollars at the end of 2023. He has no debt and can live comfortably off of his income from his other Investments. Based on the Required Minimum Distribution (RMD) calculations in the IRS uniform Lifetime Table distribution, RMDs will be approximately $188,000. If his investments continue to do well, his RMD will likely be higher in the future. This amount alone will put him in the 24% federal tax bracket. Other investment income is at least $50,000 in additional yearly taxable income this could push him into adjusted gross income above $191,950 and elevate him to the 32% federal tax bracket. He is already paying taxes on 85% of his social security benefits. Since he's enrolled in Medicare, his Medicare income related monthly adjustment could raise his monthly Part B premium to $559 from a base line premium of $174. The retirement account may also create a potential tax problem for his heirs, who are beneficiaries of the account. His heirs will have to empty out the account within ten years. The RMDs will result in more than $100,000 of additional income for every year. It is important to plan ahead to avoid this situation. You should consult with a tax specialist or a financial advisor to avoid this situation. For further information, contact our office at (225) 769-4200. #taxplanning #retirementsavings #FinancialAdvice #retirementtaxbomb #wealthmanagement #financialliteracy #retirementgoals #taxstrategy #FuturePlanning

We had a different kind of visitor this morning. We're pretty sure they're nuts about Estate Planning. #shorts #squirrel #elderlaw #estateplanning #funny