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 […]
Liz Nielsen
“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 […]
Sometimes, Two Heads Are Better Than One (and Sometimes, Three is Still Better) From Austin Estate Planning Lawyer Liz Nielsen
We all rely on our friends, family, and colleagues to help us through life’s challenges. These trusted individuals can also be incredibly important when setting up an estate plan. It is vital to appoint a fiduciary to act on your behalf. A fiduciary acts on your behalf, carrying out your wishes should you become incapacitated […]