As parents age and their physical and mental capacities diminish, it is natural for their adult children (recognizing the parents’ decreasing ability to care for themselves) to step in and help them. Often, a specific child will take over the bulk of the responsibilities, such as taking the parent to doctor’s appointments or the attorney’s […]
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Encanto and Estate Planning Lessons From Austin Estate Planning Attorney Liz Nielsen
Not only is Disney’s award-winning animated film Encanto hugely entertaining, it also contains the following valuable estate planning lessons: Leaving a family legacy is important and can have an impact beyond your immediate family. Be sure to consider the significance of multigenerational planning. Treating each beneficiary as a unique person is essential. Naming the “strongest” […]
Updating Your Estate Plan: How Many Tweaks Are Too Many? From Austin Estate Planning Attorney Liz Nielsen
There’s really only one thing you can be certain about in this world, that things change. If your life or the law has changed since you signed your will or trust agreement, you need to update your estate plan. You can make updates to a revocable living trust by way of an amendment or a […]
Estate Planning for Stay-at-Home Parents from Austin Estate Planning Attorney Liz Nielsen
Most American strive to earn a decent-sized paycheck to support themselves and their families when they go to work. Stay-at-home parents, however, work to provide valuable nonfinancial contributions to their families everyday. They make sure that the home runs smoothly and that their family members have what they need to be successful and happy. If […]