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The Wrong Successor Trustees Can Derail Your Final Wishes from Austin Estate Planning Attorney Liz Nielsen
Many estate plans contain revocable living trusts (or trusts which can be changed or terminated by the creator). These trusts later become irrevocable (cannot be easily changed or...
Have a Harmonious Family that Does Not Fight? You Still Need an Estate Plan from Austin Estate Planning Attorney Liz Nielsen
In many families, everyone gets along, happily gathering for the holidays, sharing laughs, telling stories, and enjoying each other’s company. Then the matriarch or patriarch becomes incapacitated. Suddenly...
Four Tips to Avoid a Will or Trust Contest from Austin Estate Planning Attorney Liz Nielsen
If you were to ask any estate planning attorney the most commonly stated goal of their clients, the answer will usually be "I want things to be easy...
Should I Include An Unborn Child in My Estate Plan? from Austin Estate Planning Attorney Liz Nielsen
Estate planning is an exercise in anticipating potential future events that could affect your plans for what happens if you become incapacitated (unable to manage your own affairs...
Where Is the Best Place to Store Your Original Estate Planning Documents? From Austin Estate Planning Attorney Liz Nielsen
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...
Transferring Real Property Without Probate Court Involvement From Austin Estate Planning Attorney Liz Nielsen
A home is often one of the most important assets that people own. Therefore, most people want to stay in their home until they die and then have...
The Trust Protection Myth: Your Revocable Trust Protects Against Lawsuits, By Austin Estate Planning Attorney Liz Nielsen
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...
Essential Tools for Parents of Minor Children From Austin Estate Planning Attorney Liz Nielsen
Approximately three-fourths of Americans do not have a basic will.[1] Many of the same people also have children under the age of 18, which underscores a major misunderstanding...
Legacy Planning: Because Money Isn’t Everything From Austin Estate Planning Attorney Liz Nielsen
Money and property may be the most discussed types of wealth that a person owns, but the riches of their experience and wisdom can mean even more to...
Should I Buy a Home with Someone Other than a Spouse? From Austin Estate Planning Attorney Liz Nielsen
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...