How to Make Your Inheritance Last, from Austin Estate Planning Lawyer Liz Nielsen A 2012 study by Ohio State researcher Jay Zagorsky found that about one-third of Americans who receive an inheritance have negative savings within two years of getting their money, and of those who receive $100,000 or more, nearly one in five spend, […]
Liz Nielsen
Surprise! You Can’t Easily Disinherit Your Spouse in the U.S., from Austin Estate Planning Lawyer Liz Nielsen
Believe it or not, in the U.S. it isn’t easy to disinherit your spouse. But the same is not true for other family members — generally, you can use your estate plan to disinherit your brothers and sisters, your nieces and nephews, or even your very own children and grandchildren. However, in the majority of […]
Nosey Neighbor Natasha Can Find Out About Your Probate. Really. From Austin Estate Planning Lawyer Liz Nielsen
Most people think of probate as a private process. However, since wills are filed at the courthouse, probated estates become a matter of public record. That means your nosey neighbor Natasha can simply go down to the courthouse or hop online and find out about your probate. Really. It’s Not Just Natasha That Has Access… […]
Welcome to Austin! Now it’s time to Break Up with your Old State. From Austin Estate Planning Lawyer Liz Nielsen
You’ve said your goodbyes and your furniture and household goods are on a truck. Soon you’ll be heading to Austin, Texas, ready to enjoy the warm weather and slower pace of life. You may not have given much thought to what your move might mean for income and estate taxes. But you should, particularly if […]