Estate planning can be complicated enough when all your assets and loved ones are located within one country. But for US residents with international connections, whether through property, citizenship, residency, business interests, or loved ones living abroad, it can become significantly more complex with international inheritance laws. Different countries have different rules about who inherits, […]
Liz Nielsen
New Baby? Time to Create Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
Have you just welcomed a new baby to your family? Protecting your newborn means more than car seats and babyproofing. Creating an estate plan to protect your child no matter what life brings is an often overlooked, but important step to complete. Many people delay establishing an estate plan. They delay due to lack of […]
Equal or Fair Distributions: Thoughtful Estate Planning from Austin Estate Planning Attorney Liz Nielsen
Parents generally try to treat all their children fairly. We often assume that fairness means leaving an equal inheritance to each child. However, when it comes to an estate plan “fair” does not always mean “equal.” A thoughtful estate plan considers each child’s unique circumstances to create distributions that truly support their needs. Situations of […]
Homestead Exemptions and Estate Planning from Austin Estate Planning Attorney Liz Nielsen
The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on reducing property taxes and protecting home equity from creditors. While the […]