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How Do I Create an Estate Plan with an Only Child? From Estate Planning Attorney Liz Nielsen
Stereotypes surrounding “only child syndrome” have largely been debunked, as recent studies show that only children, on average, develop social skills similar to those of children with siblings.[1]...
Have You Checked Your Beneficiary Designations Lately? From Austin Estate Planning Attorney Liz Nielsen
You regularly check the balances of your retirement, bank, and investment accounts. But when was the last time you checked the beneficiary designations on these accounts (and really,...
Michael Jackson’s Estate Sells Music to Sony for $600M From Austin Estate Planning Attorney Liz Nielsen
Michael Jackson passed away in 2009, but the settling of his estate continues more than 15 years after his death due to a lingering tax dispute with the...
Wills, Trusts, and Dying Intestate: How They Differ from Austin Estate Planning Attorney Liz Nielsen
Most people understand that having an estate plan benefits them and their loved ones. However, many individuals do not initiate the estate planning process because they do not...
The Passing of James Earl Jones: A Legacy Which Speaks for Itself from Estate Planning Attorney Liz Nielsen
“No, I am your father.” These words, uttered by James Earl Jones in his voice-over role as Darth Vader, are indelible in the minds of Star Wars fans. Jones...
Why Estate Planning is Important for Everyone from Austin Estate Planning Attorney Liz Nielsen
Regardless of your age, race, gender, or sexual orientation properly protecting your future and your loved ones requires a plan. Without estate planning executed by you, state law...
How to Choose a Guardian for Yourself From Austin Estate Planning Attorney Liz Nielsen
Every day we make hundreds of decisions for ourselves—from what to eat for breakfast to how to manage our finances. However, what happens if you cannot make decisions...
Will my Revocable Living Trust Avoid Probate? From Austin Estate Planning Attorney Liz Nielsen
If you have established a revocable living trust (which we will refer to simply as a trust), congratulations! You are on the right track in creating a comprehensive...
What to Do with Grandma’s Ring: Dividing Personal Property in an Estate from Austin Estate Planning Attorney Liz Nielsen
If you have a beloved late grandmother, many images and memories may come to mind when you reminisce about her. You might picture her at her home or...
How Is Business Succession Planning Relevant to My Estate Plan? from Austin Estate Planning Attorney Liz Nielsen
Studies consistently find that only about 25–35 percent of Americans have an estate plan, a shockingly low rate when you consider that, in the absence of a plan,...