Studies consistently find that only about 25–35 percent of Americans have an estate plan, a shockingly low rate when you consider that, in the absence of a plan, the state—not you or your family—decides what happens to your assets, including your business interests. The overall business succession planning rate is higher, with about two-thirds of business […]
Elizabeth Ziegler
A Review of Changing Name and Pronouns from Nielsen Law’s Frances Chlebowski
Happy Pride Month everyone! Last year this blog sought to provide helpful information for members of the transgender and gender non-conforming members of the LGBT+ community change their legal names and pronouns. Since last year’s post there have been some updates to the ongoing legal battle over gender affirming care for minors in Texas. The […]
Do Not Become a Statistic from Austin Estate Planning Attorney Liz Nielsen
Estate planning is important for everyone. It is about protecting yourself, your loved ones, and your hard-earned money (even if you do not have a lot of it). However, the numbers do not lie: most people do not see the importance of estate planning. Whether you need to create an estate plan or update an […]
The Difference Between a Trust and a Will by Nielsen Law’s Frances Chlebowski
It’s easy to feel overwhelmed by legal lingo when it comes to creating an estate plan. There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable living trusts, testamentary trusts, special needs trusts, and more. But what even is a trust – and what is the difference between a trust […]