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Who Should Be My Successor Trustee? from Austin Estate Planning Attorney Liz Nielsen
Who Should Be Your Successor Trustee? If you have a revocable living trust, you probably named yourself as the initial trustee so you can continue to manage your...
How to Choose a Trustee from Austin Estate Planning Attorney Liz Nielsen
When you establish a trust, you need to choose a trustee. A trustee does what you do right now with your financial affairs. Some of their duties include...
Stuck in the Probate Purgatory from Austin Estate Planning Attorney Liz Nielsen
It’s no secret, people are not a fan of probate. The most common reasons being the expense, time and confusion about the process. And while probate can be...
Supplemental Needs Trusts from Austin Estate Planning Attorney Liz Nielsen
If you want to provide for a loved one who is disabled or has special needs when you are no longer here, care must be taken to ensure...
Does an Heir or Beneficiary Need an Attorney? from Austin Estate Planning Attorney Liz Nielsen
You just found out that your favorite aunt, Aunt Melba, has died. In the midst of your grief and sadness, you receive a notice from the attorney handling...
The Death of a Noncitizen Spouse from Austin Estate Planning Attorney Liz Nielsen
As the world becomes more of a global community, it is no longer uncommon for married couples to maintain different citizenships. While a difference in citizenship alone can...
Dual Citizenship and Estate Planning from Austin Estate Planning Attorney Liz Nielsen
In early 2020, married actors Tom Hanks and Rita Wilson became honorary citizens of Greece. The president of Greece bestowed this honor upon them due in large part...
Owning a Timeshare in Your Trust from Austin Estate Planning Attorney Liz Nielsen
Timeshares have come a long way since they first arrived in the real estate market back in the ’70s. In the early days of timeshare ownership, high-pressure sales...
Moving to Austin? Get ready to update your estate plan! from Austin Estate Planning Attorney Liz Nielsen
If you are one of the 169 people moving to Austin every day, you know that moving can be a headache. There are so many things to get...
Inheriting a Retirement Account from Austin Estate Planning Attorney Liz Nielsen
For decades, common financial planning wisdom has encouraged almost all American workers to maximize their contributions to qualified retirement accounts. Indeed, doing so can be a powerful way...