Summer is practically here for Americans, and with the arrival of early May, the start of graduation season is here as well! High school graduates can look forward to a few months of planning to head off into the adventure called college. But, between dreams of the future and stocking up on all those dorm […]
Adult Children
Using Transfer-on-Death Deeds from Austin Estate Planning Attorney Liz Nielsen
One thing which will virtually guarantee your estate will go through probate is real property. That’s right, if you own your home in your name individually (meaning you have not created an entity like a trust or LLC, and have not transferred the property’s title to that entity), then your estate will need to go […]
Changes to Financial Aid and What It Means for Grandparents from Austin Estate Planning Attorney Liz Nielsen
Continuing education is a tradition that many families are proud to pass onto each successive generation. For grandparents who want to leave a legacy to their grandchildren, the gift of a 529 college savings plan is an option. A 529 plan account can not only help a grandchild with educational expenses, it can also help grandparents […]
Disinheriting a Child from Your Plan from Austin Estate Planning Attorney Liz Nielsen
One common storyline in Hollywood movies is the rich father disinheriting the family outcast. The story usually traces a child’s attempts to win their family back. But can fiction imitate reality? Can you actually disinherit a child? In most circumstances, the answer is yes you can disinherit a child in most states. However, you must […]