An estate plan that includes a revocable living trust is an excellent way to protect yourself and your loved ones upon your passing or in the event you are unable to manage your own affairs. As opposed to other estate planning options, a revocable living trust gives you the ability to keep control of and […]
Liz Nielsen
Simultaneous Deaths: What If My Spouse and I Die at the Same Time? From Austin Estate Planning Attorney Liz Nielsen
The chances of a married couple dying simultaneously in a common accident or within a very short time of one another are probably quite slim. However, it does sadly happen. And it happens frequently enough that most states have laws to address the issue and the problems that can arise from simultaneous deaths. What are […]
To Have, but Not to Hold? Common Law Marriage and Estate Planning From Austin Estate Planning Attorney Liz Nielsen
Marriage as a legal institution has taken a variety of forms throughout history. As society evolves, how we identify marriage in our society also changes. While not lawful everywhere, in Texas a couple may be deemed married without having participated in judicial or religious ceremonies. These marriages are called common law marriages. Their existence creates […]
Can a Disabled Person Be a Fiduciary Agent? From Austin Estate Planning Attorney Liz Nielsen
An important element of creating an estate plan is choosing a responsible party to handle your legal, medical, and financial affairs if you become unable to manage them yourself (i.e., become incapacitated) or die. The individual or entity you choose must be someone whom you can trust to make crucial and often time-sensitive decisions, who […]