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 […]
Beneficiaries
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” […]
Make Sure Your Kids Are Prepared with This Summer Camp Checklist From Austin Estate Planning Attorney Liz Nielsen
After two years, summer camps are expected to be back in full swing this year after the pandemic forced them to close or operate at limited capacity. Camp is a great opportunity for kids to make new friends, try new activities, and gain self-confidence and resilience. But as parents and counselors know, a lot of […]
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 […]