About 40 to 50 percent of all marriages in the United States end in divorce. Regardless of how you feel about your child’s spouse, you must face the possibility that they could become your child’s ex-spouse. Should that day come, the money you leave to your child could be subject to a division of marital […]
Beneficiaries
Make Sure Your Estate Plan Is Not Missing These Important Points from Austin Estate Planning Attorney Liz Nielsen
Roughly two-thirds of Americans do not have an estate plan, according to a recent survey from Caring.com.[1] If you are among the minority of US adults who have prepared a will, living trust, and other end-of-life documents, you may think that your estate plan is settled. But you might want to think again. An estate […]
Powerful Provisions in Your Financial Power of Attorney from Austin Estate Planning Attorney Liz Nielsen
When crafting an estate plan, an important component is the Financial Power of Attorney document. In a financial power of attorney [1], you designate a trusted decision maker (agent or attorney-in-fact) to act on your behalf if you become disabled or unable to manage your financial affairs. Depending on the provisions you choose to include, your […]
Using Assisted Reproductive Technology: What Happens to Unused Genetic Material at Your Death? From Austin Estate Planning Attorney Liz Nielsen
When you think about how you want your property to be distributed after your death, most of the time it is easy to identify that property—your home, your cars, your jewelry, etc. But what about the genetic material used in assisted reproductive technology, such as frozen sperm, eggs, and embryos? Is genetic material stored with […]