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Caution: Writing Your Own Deed to Avoid Probate Can Lead to Costly Unintended Consequences from Austin Estate Planning Attorney Liz Nielsen
One goal of estate planning is to ensure assets, including your home, pass to chosen beneficiaries quickly and inexpensively. In real estate, a common strategy to avoid probate...
Why Receiving an Inheritance Changes Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
Receiving an inheritance can be meaningful and transformative, but it can also create challenges if not handled thoughtfully. Without a clear plan, an inheritor may struggle to manage...
When Your Parent Plans to Disinherit Your Sibling from Austin Estate Planning Attorney Liz Nielsen
Family strife is horrible for everyone involved, and often spills over into estate planning, with hurled threats of "I'll cut you out of my will" not uncommon for...
Why Retirement Is the Right Time to Revisit Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
Enjoying retirement means many different things to different people. For some, it opens a new world of travel, experiences, and creative pursuits. For others, it may mean quiet...
The Power of Ethical Wills from Austin Estate Planning Attorney Liz Nielsen
What do you hope to leave behind for your loved ones? Beyond the financial aspect, how do you want your legacy to be felt and remembered? These questions lie...
Avoiding the Pitfalls of Incapacity and Guardianship from Austin Estate Planning Attorney Liz Nielsen
While many proactive individuals understand the importance of a comprehensive estate plan, they often assume it only addresses what happens after death. Yet, a comprehensive estate plan is...
Stress Test Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
Creating an estate plan is a major accomplishment, but signing the documents is not the end. You still need to ensure your strategy provides peace of mind and...
Knowing When to Remove a Trustee from Austin Estate Planning Attorney Liz Nielsen
The title of trustee implies that this position should be held by someone you find trustworthy, and for good reason. Serving as a trustee of a trust carries...
Should You Update Your Estate Plan Now? from Austin Estate Planning Attorney Liz Nielsen
Since creating your estate plan, have you thought about updating it? If you are like most people, probably not. The temptation to check off the "estate plan" box...
Common Mistakes When Leaving Assets to Minor Children from Austin Estate Planning Attorney Liz Nielsen
You love your children and want to ensure that they are always taken care of. The desire to provide for them may also be shared by their grandparents,...