It’s usually rare for the worlds of estate planning and pop culture to cross paths, outside of an Oscar’s Remembrance reel. However, the #FreeBritney movement has thrown a spotlight on conservatorship (also known in Texas as guardianship), which falls under the estate planning umbrella. This blog has recently covered Britney Spear’s conservatorship, discussing when a […]
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Questions to Ask When Hiring a Fiduciary from Austin Estate Planning Attorney Liz Nielsen
A comprehensive estate plan consists of several documents designed to accomplish three important things. First, they lay out your wishes for the handling of your money and property during life and at death. Second, they explain your medical wishes if you are no longer able to make them yourself or communicate them to others. Third, […]
Knowing When to Remove a Trustee from Austin Estate Planning Attorney Liz Nielsen
The title of trustee implies that this position should be held by someone you find trustworthy, and for good reason. Serving as a trustee of a trust carries significant responsibility and duty not just to you as the trust’s creator but also to the beneficiaries who depend on accurate, faithful administration. While being named a […]
Five Reasons Why Your Relative May Not Make a Good Trustee from Austin Estate Planning Attorney Liz Nielsen
If you have created a trust that you intend to last for decades, choosing the right trustee is critical to ensuring the trust’s longevity and ultimate success. Initially, you may think that a relative (for example, Uncle Bill to your children, who are the initial beneficiaries of your trust) will be the best choice as […]