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Sometimes Stuff Is the Most Important Part of Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
Most people usually think about who will receive their retirement and bank accounts, life insurance proceeds, real estate, and other valuable possessions upon their death. However, a person’s...
The Difference Between a Trust and a Will by Nielsen Law’s Frances Chlebowski
It’s easy to feel overwhelmed by legal lingo when it comes to creating an estate plan. There are many legal strategies involved in estate planning, including wills, revocable...
What Happens to My Leased Car If I Die Before the Lease Term Ends? from Austin Estate Planning Attorney Liz Nielsen
After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased rather than purchased and financed....
Ways to Undo a Revoked Will from Austin Estate Planning Attorney Liz Nielsen
When life circumstances change, you may want to alter the decisions made in your estate planning documents. You might even choose to revoke your will at some point....
Asset Protection & Estate Planning Goals from Estate Planning Attorney Liz Nielsen
As a business executive, you are used to strategizing and creating goals as part of your job. But have you devoted time to strategizing and creating goals for...
Collecting Debts on Behalf of Your Deceased Loved One from Austin Estate Planning Attorney Liz Nielsen
People often engage in transactions that result in money being owed to them, such as loaning money to a friend or business partner or renting a house to...
Limited Impact of Estrangement on Estate Planning from Austin Estate Planning Attorney Liz Nielsen
Unfortunately, rifts sometimes arise between family members that are much more serious than just temporary squabbles. The result may be estrangement, defined as “the state of being alienated...
Beware of Unequal Contributions When Co-Buying a House from Austin Estate Planning Attorney Liz Nielsen
At a time of record home unaffordability, more people are teaming up with friends and relatives to realize the home ownership dream. According to the National Association of...
Four Things Your Spouse Should Know Before You Die from Austin Estate Planning Attorney Liz Nielsen
It is normal for married couples to share almost every aspect of their lives with each other. But when it comes to death, even the closest couples might...
Could a Testamentary Trust Be What Your Loved Ones Need? by Austin Estate Planning Attorney Liz Nielsen
One of the main reasons that a person creates a revocable living trust (a trust established during a person’s lifetime that they can amend or revoke) instead of...
