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Theodore David Vicknair Sr.

Theodore David Vicknair Sr.

Vicknair Law Firm, LLC
  • Estate Planning, Business Law, Tax Law ...
  • Eastern District of Louisiana, Louisiana, Nevada, Western District of Louisiana
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Biography

I am a CPA and attorney. I have been a CPA since 1994 and an Louisiana attorney since 2000. The Louisiana Board of Legal Specialization has designated me as a Board Certified Estate Planning and Administration Specialist (since 2008), as well as a Board Certified Tax Law Specialist (also since 2008).

My practice focuses strongly on the needs and issues particular to farmers, middle income clients and small business owners. These include issues such as estate tax reduction, medicaid long-term care planning, special needs planning, asset protection planning, and small business protection planning.

Plans I regularly recommend and personally draft for my clients include tax reduction trusts, revocable trusts, irrevocable trusts (for long term care qualification), special needs trusts, probate avoidance plans, last wills and testaments, asset protection trusts, litigation avoidance plans, charitable trusts, income and estate tax savings plans, and various legal entities such as limited liability companies (LLCs) and S corporations. I also have a steady probate practice.

I regularly qualify clients for medicaid long-term care benefits who have not engaged me for pre-planning and who find themselves having to go into a nursing home. For these clients, I regularly achieve savings in excess of 50%+ off their nursing home costs, even though these same clients are routinely told by others that they have to spend down their assets to $2,000 or less.

Originally being from New Orleans, I have two office locations; the primary office in Alexandria and the satellite office in Mandeville (where I have a secondary residence).

Call me at (318) 588-8568 (Alexandria), or (985) 264-9822 (Mandeville), or toll free at (844) 829-5291. Visit my website and BOOK A FREE CALL with me at https://vicknairlawfirm.com/becoming-a-client/

Education
University of Florida Levin College of Law
LL.M. (2000) | Master of Laws in Taxation
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Loyola University New Orleans College of Law
J.D. (1999) | Civil Law
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University of New Orleans
M.S. (1996) | Accounting - Taxation Option
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University of New Orleans
B.S. (1992) | Business Management
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Professional Experience
President
Vicknair Law Firm, LLC
- Current
• Law practice concentrating in the areas of Business Transactions, Asset Protection, Estate Planning, Wills, Trusts, Probate and Successions, Taxation, Tax Planning, Tax Controversies, IRS Problem Resolution, Corporate and Business Law, New Business Entities, and Estate and Trust Litigation.
Associate Attorney
Crowell & Owens, LLC
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• Engaged in all aspects of advanced estate planning, including establishing family limited partnerships, discounting strategies, insurance and asset protection trusts. • Represent clients in collection efforts by the IRS, particularly with respect to collection of employment trust fund taxes.
Associate Attorney
Provosty, Sadler, deLaunay, Fiorenza & Sobel, APC
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• Engaged in commercial litigation matters and business disputes, including employment litigation, probate litigation, division and preservation of community property, debtor/creditor litigation, and contested interdiction proceedings. • Performing tax consulting, and drafting complex transactional documents relating to the creation, purchase, and sale of businesses. • Drafting various commercial agreements, including employment contracts, redemption agreements, licensing agreements, and operating agreements. • Creation of tax exempt organizations and consulting in connection therewith.
Tax Consultant
Langlands, Grossa & Booth, LLP
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Associate Attorney
Weiler & Rees, LLC
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• Drafting complex wills and trusts, and engaged in a variety of pre-mortem and post-mortem planning projects for high net worth clients. • Engaged in state income and franchise tax appellate litigation. • Preparing complex transactional documents such as operating agreements, merger documents, buy-sell agreements, for limited liability companies. • Planning for the tax and ERISA qualification of pension plans and other employee benefit plans. • Performing research and drafting memoranda on an array of issues in the areas of income taxation, estate planning, employee benefits, and state and local taxation.
International Tax Consultant
PricewaterhouseCoopers, LLP
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• Preparing models of proposed transactions and international tax products for clients. • Performed tax research for partners and managers of the PwC Global Energy and Mining group.
Tax Accountant
Louisiana Land and Exploration Company
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• Controlled all aspects of federal and state partnership tax compliance for three tax years. • Consulted in joint venture negotiations to ascertain if creation of tax partnerships were necessary. • Contributed to the preparation of all elements of the consolidated federal income tax return. • Promoted to Depletable Fixed Assets in 1996, and managed the tax depletion systems for three years.
Certifications
Board Certified Tax Law Specialist
Louisiana Board of Legal Specialization
Board Certified Estate Planning and Administration Specialist
Louisiana Board of Legal Specialization
Attorney at Law
Nevada State Bar
Attorney at Law
Louisiana State Bar Association
Louisiana Certified Public Accountant
State Board of Certified Public Accountants of Louisiana
Professional Associations
State Bar of Nevada  # 9926
Member
- Current
Activities: Inactive
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Louisiana State Bar Association  # 26741
Member
- Current
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State Board of Certified Public Accountants of Louisiana  # 22426
Certified Public Accountant
- Current
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Jurisdictions Admitted to Practice
Eastern District of Louisiana
ID Number: 26741
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Louisiana
Louisiana State Bar Association
ID Number: 26741
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Nevada
State Bar of Nevada
ID Number: 9926
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Western District of Louisiana
ID Number: 26741
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5th Circuit
ID Number: 26741
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U.S. Tax Court
ID Number: 26741
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Fees
  • Free Consultation
    I provides a free 1-hour consultation for an estate planning review. Most estate planning, transactional and probate cases will be quoted a flat fee. For litigation matters, an hourly rate will apply.
  • Credit Cards Accepted
  • Rates, Retainers and Additional Information
    Generally, a 3% fee will apply for all credit card transactions.
Practice Areas
    Estate Planning
    Guardianship & Conservatorship Estate Administration, Health Care Directives, Trusts, Wills
    Business Law
    Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
    Tax Law
    Business Taxes, Criminal Tax Litigation, Estate Tax Planning, Income Taxes, International Taxes, Payroll Taxes, Property Taxes, Sales Taxes, Tax Appeals, Tax Audits, Tax Planning
    Elder Law
    Probate
    Probate Administration, Probate Litigation, Will Contests
    Real Estate Law
    Commercial Real Estate, Condominiums, Easements, Eminent Domain, Homeowners Association, Land Use & Zoning, Mortgages, Neighbor Disputes, Residential Real Estate, Water Law
Additional Practice Areas
  • Asset Protection
  • Estate and Trust Litigation
Languages
  • English: Spoken, Written
Legal Answers
Q. Ex died leaving a house he received in divorce to his sister. Im still on the mortgage. Who pays and what happens to
A: I assume there is no cash in the estate. Are you and his sister adversarial? If not, then talk to an attorney about working out an agreement that allows you to be recognized as a creditor of the estate, and pursuant to this agreement you would ontinue pay the mortgage, but you would get your payments reimbursed out of any sales proceeds from the sale in preference to any other payments. This could be its own mortgage. You would have a second mortgage and be reimbursed at closing like the first mortgage company. If you are adversarial, you may have to obtain an order from the court pretty much doing the same thing, but you would have to go in for a hearing before the judge. Those are my suggestions.
Q. How can I deposit a check I received from my deceased father when the check is made out to the estate of his name?
A: I agree with attorney Whithurst. You can obtain the tax ID number from the IRS at this site: https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online Your attorney should be able to get this for you if you don't understand the online menu. You will also likely have to provide the bank with a certified copy of the Order or Letters of Administration authorizing you to act for the estate.
Q. A will was drawn up by an attorney who allowed a felon to be an executor Is he liable ?
A: Probably not. An attorney that drafts a legal document for a client needs to put down what the clients wishes are in the document, but does not have a legal obligation to make sure the people listed by the client are appropriate choices. On another note, many states have a statute that provides that a convicted felon cannot serve as an executor. At least mine does. Under the laws of such states, that executor can be removed from office by the judge. You may want to approach a lawyer to find out if your state has a similar law.
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Websites & Blogs
Website
About Ted Vicknair, Board Certified Estate Planning and Administration Specialist, Board Certified Tax Law Specialist, and CPA
Website
Home Page
Website
Book A Call - Get on my calendar to ask your questions now. The initial consultation is free.
Blog
blog
Contact & Map
Vicknair Law Firm
1070-B West Causeway Approach
Mandeville, LA 70471
Toll-Free: (844) 829-5291
Telephone: (985) 264-9822
Fax: (318) 300-4808
Monday: 8 AM - 5 PM (Today)
Tuesday: 8 AM - 5 PM
Wednesday: 8 AM - 5 PM
Thursday: 8 AM - 5 PM
Friday: 8 AM - 5 PM
Saturday: Closed
Sunday: Closed
Notice: By appointment only. No walk-ins please.
Vicknair Law Firm
3112 Jackson Street
Alexandria, LA 71301
Toll-Free: (844) 829-5291
Telephone: (318) 588-8568
Cell: (985) 264-9822
Fax: (318) 300-4808
Monday: 8 AM - 6 PM (Today)
Tuesday: 8 AM - 6 PM
Wednesday: 8 AM - 6 PM
Thursday: 8 AM - 6 PM
Friday: 8 AM - 6 PM
Saturday: Closed
Sunday: Closed
Notice: By appointment only. No walk-ins please.