In its simplest terms, a trust is a legal arrangement in which a trustee holds and manages assets for the benefit of one or more beneficiaries. The trustee owns the assets, enters into contracts on behalf of the trust, manages the trust’s investments as its trustee, and follows the trust’s instructions on making distributions. A […]
Liz Nielsen
Three Liability Planning Tips for Physicians From Austin Estate Planning Lawyer Liz Nielsen
You probably know that the practice of medicine is a profession fraught with the risk of liability. It’s not just medical malpractice claims either (although those are certainly scary enough). It’s the entire scope of risk from being in business, including employment-related issues, careless business partners and employees, and contractual obligations, as well as personal […]
Selecting a Trustee of a Special Needs Trust – Some Things to Consider From Austin Estate Planning Lawyer Liz Nielsen
Today we are sharing a post from the Special Needs Allicance newsletter The Voice. The Voice is the e-mail newsletter of The Special Needs Alliance. This installment of The Voice was written by Special Needs Alliance member Daniel Surprenant, CELA, who practices law in Massachusetts. Selecting a Trustee – Some Things to Consider Parents and […]
Three Tips for Protecting Your Important Legal Paperwork in a Natural Disaster From Austin Estate Planning Lawyer Liz Nielsen
The year 2018 was no stranger to natural disasters. From multiple earthquakes, back-to-back hurricanes, and raging wildfires, both the United States and abroad have suffered some serious natural disasters. These acts of nature can devastate your life and your family. Who knows what 2019 will bring. In addition to creating a disaster preparedness plan for […]