Substance addiction is by no means rare, impacting as many as 40 million people, or more than one in seven Americans. Because of its prevalence, navigating a loved one’s addiction is actually a relatively common topic in everyday life, and one you should consider when planning your estate. Whether the addiction is substance-related (such as […]
Liz Nielsen
Five Mistakes People Make When Leaving Assets to Their Pets, from Austin Estate Planning Lawyer Liz Nielsen
A pet trust is an excellent way to make sure your beloved pet will receive proper care after you pass on. The problem, of course, is that you won’t actually be there to see that your wishes are carried out. It’s critical to set up a pet trust correctly to ensure there are no loopholes […]
“There Has to be a Better Place than This,” from Austin Estate Planning Lawyer Liz Nielsen
Sandy Gibson was young when his parents died: his father died when he was 10, and his mother died a short time later, after a five-year bout with cancer, when he was 11. His parents were buried in the last family plot in an old church cemetery, alongside a busy road and near a fire […]
Birds and Bees? Yes! Bequests? Probably not. From Austin Estate Planning Lawyer Liz Nielsen
It’s considered good parenting to talk to your children about “the birds and the bees.” But many parents are reluctant to provide them a financial education. According to a whitepaper recently published by Merrill Lynch, the investment advisors, there are many reasons why: They are afraid of robbing their children’s motivation. They are uncertain about […]