Asset Protection Archives - Page 10 of 24

Business Planning – Creating a Limited Liability Entity is the Easy Part; Planning for the Future Takes Time from Austin Estate Planning Attorney John Glode

Great ideas are often turned into great businesses. Too often, however, the individuals who turn an idea into a business skip an important step – planning. Good business planning begins with discussions among the owners of a business and their professional advisors, including lawyers, accountants, insurance, and financial professionals. Once the issues are discussed and […]

National Home Remodeling Month – How Remodeling Your Home Could Impact Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen

Spring is associated with renewal, and as the weather gets warmer, many homeowners turn their attention to renovation projects. Each May, the home remodeling industry and the National Association of Home Builders (NAHB) celebrate National Home Remodeling Month. In 2023, over 17 million home remodeling projects are expected to be undertaken in the United States. […]

Why Can’t We Have a Joint Trust If We Are Unmarried? from Austin Estate Planning Attorney Liz Nielsen

Joint trusts are beneficial for many married couples, especially if they have a stable relationship, do not have many creditors, and do not live in a state where their estate may be subject to a state death tax. Compared to separate trusts, they are easier to fund, allow the surviving spouse to have complete control […]

Mental Health Awareness Month: How an Estate Plan Can Help Alleviate Anxiety from Austin Estate Planning Attorney Liz Nielsen

Roughly one in five US adults experience a mental illness each year. Anxiety disorders are among the most common mental health conditions, affecting nearly one-third of adults at some point in their lives. While anxiety can be generalized and chronic, it can also be a normal reaction to everyday stresses, such as worrying about finances, […]