For decades, common financial planning wisdom has encouraged almost all American workers to maximize their contributions to qualified retirement accounts. Indeed, doing so can be a powerful way to reduce your current income tax liability, grow your savings exponentially tax-free, and, in most states, protect your savings from claims of creditors. And by and large, […]
Liz Nielsen
Recipe for a Suitable Estate Plan from Austin Estate Planning Attorney Liz Nielsen
Misconceptions about who needs an estate plan abound. Most people believe that estate planning is only for extremely wealthy business moguls or celebrities. But that could not be further from the truth. Estate planning is the process of making decisions about what happens to you, your money, and your property when you pass away or […]
Dying in a Foreign Country from Austin Estate Planning Attorney Liz Nielsen
The death of a loved one can be one of the most disorienting life events. But if a loved one dies while traveling in a foreign country, the emotional and bureaucratic burdens can multiply exponentially. Contact the United States Bureau of Consular Affairs If foreign local authorities report a death to a US embassy or […]
A Tale of Two Celebrities from Austin Estate Planning Attorney Liz Nielsen
The death of an iconic figure can sometimes impact us deeply because it reminds us of our shared humanity. With a celebrity’s passing, we realize that death is an equalizer. It also reminds us of the importance of estate planning to protect a person’s money and property. Estate planning is not reserved for those with […]