Magazine Selects Partner for Publication: Bowes, Petkovich & Palmer, LLC is pleased to announce that the Louisiana Notary Association selected one of Maro Petkovich, Jr.’s articles for publication in its periodical, Signed & Sealed. The firm was honored to receive the surprising news of the Association’s interest in its article on Forced Heirship and Collation and happily facilitated their publication of the article. Maro Petkovich, Jr. serves as the managing member of Bowes, Petkovich & Palmer, LLC. He is an LSU Law Center graduate and is licensed in all Louisiana state and Federal courts. His practice centers on creditors’ rights, but
Debt May Survive Discharge When a Debtor Fails to List a Debt in Bankruptcy: It is required that a debtor list all of his or her creditors and their most current address in the bankruptcy schedules. If they fail to do so, a judge may not discharge the debt. Listing all debts is required so that the court can properly notify the creditors by mail. Creditors have important rights in a bankruptcy, such as filing proofs of claim and objections, and not listing them deprives them of exercising those rights. If a debtor forgets to list a creditor on their
Five-Star Review! “They were very helpful and caring. They are great at communicating each step of the way. I am glad I chose them during a difficult time and recommend them to anyone who is looking for good counsel.“ Louisiana Family Law Attorneys: We are a Gretna law firm that has served the New Orleans area since 1980. Our family law attorneys are highly experienced at handling divorces, custody, child support, alimony, property divisions, pre-nups, paternity, adoptions, protective orders, tutorship, interdictions, and more. We take pride in offering a personal and trusted experience. Call us today for a free consultation and find out why so many of our clients come back to us.
Why Having a Last Will for Separate Property is Crucial: It is common for married couples to acquire property prior to the marriage. This property is considered separate property. Because the order of succession is different for community property and separate property, it is imperative to know what will happen to your property if you die without a last will and testament. Often times, the intestate laws are in direct conflict with the actual wishes of the property owner. When that is the case, you should strongly consider creating a will as part of your estate plan. Classification of Property:
Five-Star Review! “Exceptional Professionals, and amazing people within their line of work. They helped me through the good and bads of a Divorce. Highly recommended Lawyers.“ Louisiana Family Law Attorneys: We are a Gretna law firm that has served the New Orleans area since 1980. Our family law attorneys are highly experienced at handling divorces, custody, child support, alimony, property divisions, pre-nups, paternity, adoptions, protective orders, tutorship, interdictions, and more. We take pride in offering a personal and trusted experience. Call us today for a free consultation and find out why so many of our clients come back to us. Call us today for a free telephone consultation with an attorney. 504-368-2700
Issues to Consider Regarding Finances in Divorce: Generally speaking, a divorce will have a profound impact on your finances both now and in the future. As Louisiana is a community property state, all property is presumed to be community unless proven otherwise, meaning essentially half of your net worth could be exposed via trial or in a final settlement. Furthermore, you might also be responsible for paying a joint debt that you didn’t know about or play a role in accruing. Tips for Paying Off Joint Debts When a Marriage Ends: It might be in your best interest to make
Section 8 Evictions Explained: Many landlords choose to participate in the Section 8 program. Afterall, it offers the benefit of guaranteed rent subsidy payments. However, it may not always work out as expected. The tenant may stop paying their portion of the rent, seriously damage the property, or some other lease violation may arise. If it becomes necessary to pursue eviction, the landlord must follow not only state and local procedures for eviction, but also U.S. Department of Housing and Urban Development (HUD) regulations. As a landlord participating in the Section 8 program, it’s essential to understand and protect your
Louisiana Grandparent Visitation and Custody Considerations: If your grandchildren live with you already or you have concerns about their home life, you may want to seek legal custody or visitation. Louisiana allows grandparents to take this step in certain situations. Review the factors that affect grandparent visitation and custody before moving forward with this process. Circumstances Warranting Grandparent Visitation: One can petition a Louisiana court in the parish where your grandchild lives for legal visitation if: Your grandchild’s parents have divorced or lived apart for at least six months; One or both of your grandchild’s parents has died, gone to prison,
Louisiana Law of Usufruct: Full ownership in Louisiana is broken down into three elements: (1) usus which is the right to use or possess a thing; (2) fructus which is the right to the fruits or income of a thing; and (3) abusus which is the right to abuse or dispose of a thing (either physically or juridically). Per La. Civ. Code art. 535, a usufruct is a real right of limited duration on the property of another. It combines the first two elements of ownership, usus and fructus. The person who truly owns the property is known as the naked
Five-Star Review! “My father passed away a year ago and my mother needed legal advice regarding their assets. My mother wants to make sure everything is in order when she passes. She did not open a succession after my dad’s passing. Maro Petkovich, Jr. explained her options in terminology that she could understand. She will now be able to make informed decisions regarding disposition of their assets. Mr. Petkovich also assisted my mother with her living will as well as naming medical and general powers of attorney. She now has peace of mind that her wishes will be carried out