Our Blog
Who Should Be Your Successor Trustee? From Austin Estate Planning Attorney Liz Nielsen
If you have a revocable living trust, you probably named yourself as the initial trustee so that you can continue to manage your financial affairs. However, someone else...
Estate Planning Basics for Newlyweds: How to Prepare for the Unexpected From Austin Estate Planning Attorney Liz Nielsen
Getting married is a special time in your life; you may have a beautiful wedding, a fun reception (with a delicious cake and special gifts), and a romantic...
Does Your Revocable Living Trust Reduce Your Federal Estate Tax Bill? From Austin Estate Planning Attorney Liz Neilsen
Many believe that once they set up and fund a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In...
Estate Planning for Collectors and Hobbyists From Estate Planning Attorney Liz Nielsen
Americans often prefer to stay busy. When we are not working, many of us turn to hobbies to keep us engaged and productive. We spend hours each day...
Handling a Loved One’s Debts After They Die From Austin Estate Planning Attorney Liz Neilsen
Americans are, quite literally, getting buried in debt, with nearly half expecting to pass away with outstanding debts.[1] The questions of what happens to your debts vary, both...
The Estate of Richard Simmons: Sweatin’ the Small Stuff From Austin Estate Planning Attorney Liz Neilsen
Fitness icon Richard Simmons, known for his flamboyant personality, high energy, and trademark attire, passed away in July 2024 following a fall at his Los Angeles home. Because of...
Enjoyable Things a Third-Party Special Needs Trust Can Be Used For From Austin Estate Planning Attorney Liz Nielsen
A Third-Party special needs trust (SNT), sometimes known as a "Supplemental Needs Trust", allows an individual to provide for a disabled beneficiary without jeopardizing the beneficiary’s eligibility for...
Name a Guardian for Your Minor Children From Austin Estate Planning Attorney Liz Nielsen
No one will ever be you or parent exactly like you. More than likely, however, someone you know could do a decent job providing for your children’s general...
How to Choose the Initial Trustee of Your Trust From Austin Estate Planning Attorney Liz Nielsen
When you establish a trust, you nominate someone to be the trustee. The trustee is in charge of managing the trust’s accounts and property. If you are creating...
Four Steps to Stop Mail Addressed to a Deceased Person By Austin Estate Planning Attorney Liz Nielsen
Once you have been appointed the executor or personal representative of a deceased loved one’s probate estate, or when you step in as the successor trustee of the...
