Passing Your Stories and Values to Future Generations Money tends to be focus of an estate plan, but the one’s riches of wisdom, values and experiences, can be more meaningful to their family and friends. Reinforcement of family traditions can be built into your estate plan alongside your wishes regarding your money, property, and belongings. […]
Liz Nielsen
Multilevel Business Estate Planning From Austin Estate Planning Lawyer Liz Nielsen
Franchise and multilevel marketing (MLM) businesses are often attractive because they offer people the chance to start a small business with a well-known brand and an established business model. However, these businesses present different types estate planning challenges because their rights and obligations are spelled out in contractual agreements. What Is a Franchise? When you […]
What is a Guardianship? From Austin Estate Planning Lawyer Liz Nielsen
Guardianship, also, referred to as conservatorship in some states, is a legal process, utilized when a person is not able to make or communicate safe or sound decisions about his/her person and/or property or has become susceptible to fraud or undue influence. A guardian is an individual who cares for someone, often a minor child, […]
Fund Education With a Trust from Austin Estate Planning Lawyer Liz Nielsen
Setting money aside for your children’s or grandchildren’s college education is a great way to provide for their future, but sometimes there will be an excess. For example, your child may receive a large scholarship and will not need to use all the money you have saved, or your grandchild may choose a trade school […]