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Preparing Your Assets to Avoid Probate from Austin Estate Planning Attorney Liz Nielsen
The most common stated goal of estate planning is to avoid probate. While a relatively straightforward process in Texas, probate can be somewhat costly and does require a...
What to Do After a Loved One Dies from Austin Estate Planning Attorney Liz Nielsen
When a family member or other loved one dies, grief and shock can sometimes be overwhelming. You will need this time to grieve. The last thing most people...
What if No One Wants My Estate? from Austin Estate Planning Attorney Liz Nielsen
A critical question to ask yourself when creating an estate plan is who will get your stuff when you pass on? People often think of an estate in...
What if I Cannot Find the Will? from Austin Estate Planning Attorney Liz Nielsen
If a loved one has recently died or become mentally incapacitated, finding the person’s Will and other estate planning documents is essential. These documents are critical to making...
Ways to Leave Your Real Estate from Austin Estate Planning Attorney Liz Nielsen
Owning real estate continues to be a very popular investment for individuals and couples alike. One attractive feature that investment property can also double as a personal residence....
Including a Noncitizen in Your Plan from Austin Estate Planning Attorney Liz Nielsen
With our society becoming increasingly mobile and international travel becoming more affordable than ever before, families and family-like relationships have steadily grown far more diverse in terms of...
Severing Joint Ownership of Property from Austin Estate Planning Attorney Liz Nielsen
One of the most common forms of property ownership in the United States is joint tenancy with rights of survivorship (JTWROS or joint tenancy). But what is joint...
Choosing a Successor Trustee from Austin Estate Planning Attorney Liz Nielsen
When you create a living trust, you must name a successor trustee to take over for you if you are unable to act due to incapacity or death....
What to Know as Successor Trustee from Austin Estate Planning Attorney Liz Nielsen
Being named as a successor trustee in someone’s revocable living trust document can be considered a great honor. But with that honor comes responsibility. Whether you were appointed...
Common Mistakes by the Trustee from Austin Estate Planning Attorney Liz Nielsen
When establishing a trust, you must give serious thought to who you choose as your successor trustee—the person who will manage, invest, and hand out the trust’s accounts...