Many believe that estate planning is simply instructions on how to distribute your assets upon your death, but the reality is that proper estate planning can do much more. While one major benefit of estate planning is to provide for your family and friends when you are gone, there are many benefits for you as […]
Liz Nielsen
Estate Planning for Rental Property Owners From Austin Estate Planning Lawyer Liz Nielsen
In all parts of the country, services such as Airbnb have grown in popularity over the past few years. Indeed, these alternatives to hotel stays are popular among homeowners and vacationers alike. If you have a home or other rental property that is generating income, you should understand the following asset protection and estate planning […]
The Harmonious Family that Won’t Fight? From Austin Estate Planning Lawyer Liz Nielsen
Most families are happy families. They get together for the holidays, share laughs, and tell stories. Everyone gets along and enjoys each other’s company. Then, the matriarch or patriarch dies. Suddenly, years of pent-up resentment and hurt feelings bubble to the surface, and the once-happy family is now embroiled in litigation over the decedent’s estate. […]
When Is “Living Probate” Necessary? From Austin Estate Planning Lawyer Liz Nielsen
If you become incapacitated, who is going to take care of you? You will not be able to make medical decisions for yourself and you will not be able to manage your day-to-day affairs. If you do not have the appropriate estate plan in place, your family may be headed to the probate court for […]