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Where Is the Best Place to Store Your Original Estate Planning Documents? From Austin Estate Planning Attorney Liz Nielsen

Storage

We’re living in a truly digital age. As the world attempts to move to paperless transactions, having paper copies of your planning documents—wills, trusts, powers of attorney, and healthcare directives— can feel incredibly archaic. And while estate planning attorneys will be the first to chuckle and admit that, yes, the stack of papers representing your […]

The Trust Protection Myth: Your Revocable Trust Protects Against Lawsuits, By Austin Estate Planning Attorney Liz Nielsen

The Trust Protection Myth by Austin Estate Planning Lawyer

Many people believe the trust protection myth, i.e. they believe that once they create a revocable living trust and change the ownership of their accounts and property from themselves as individuals to their trust, those accounts and property are protected from lawsuits. This is not true. While trusts commonly protect a beneficiary’s inheritance, few trusts […]

Should I Buy a Home with Someone Other than a Spouse? From Austin Estate Planning Attorney Liz Nielsen

co-ownership

Rising housing costs, the desire for companionship, and the need to share resources are increasingly leading buyers to consider co-ownership of a home with someone other than a spouse, such as a friend, relative, or significant other. Although this arrangement can be beneficial on several levels, it should be approached with open communication, careful planning, […]

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