Equality is a noble concept and one many people turn to when deciding how to divide up their estate. There are many circumstances in which equal distribution of assets among beneficiaries is the right choice, but there are some cases where identical inheritances do not make the most sense. In such situations, the difference between […]
Liz Nielsen
My Will or Trust is Signed, No Probate for My Family, Right? From Austin Estate Planning Lawyer Liz Nielsen
Planning ahead has obvious benefits. Whether you’re planning a vacation or researching for a job interview, it’s always smart to outline your priorities and anticipate potential challenges that may arise. Planning your estate has similar benefits. With plans clearly established, your wealth and assets are protected should you pass away or become incapacitated. It’s important […]
Three Reasons You May Believe You Don’t Need to Think about Estate Planning (Spoiler: You’re Wrong!) From Austin Estate Planning Lawyer Liz Nielsen
Below are a few excuses you may tell yourself as to why you do not need to do your estate planning. Spoiler alert – you might be very wrong. “I don’t have enough money to need a will” This is one of the most common reasons people don’t have a will. But wills are about […]
Estate Planning mistakes: Lessons Learned from Aretha Franklin from Austin Estate Planning Lawyer Liz Nielsen
When Aretha Franklin died in 2018, it would have been logical to assume that she had a well-thought-out estate plan. Unfortunately for her heirs, that was not the case. As Forbes Magazine reported, her heirs found three different wills, all handwritten. All three have been submitted to the probate court, and the court will decide […]