Mortality it a touchy subject. No one likes thinking about when they’re going to die. They like contemplating the death of their spouse, or how their spouse and children will cope with their own death even less. This can be an especially touchy subject when young couples are building an estate plan together. The thought […]
Beneficiaries
Reasons Why a Trust Might Terminate from Austin Estate Planning Attorney Liz Nielsen
Nothing lasts forever. While trusts can stretch across generations and keep valuable money and property within a family, no trust has unlimited funds or an interminable time horizon. Every trust, at some point, will end. The reasons why a trust might terminate can vary, but in general, termination occurs because the trust has accomplished its purpose. […]
Five Questions to Ask Yourself about Your Social Media Presence from Austin Estate Planning Attorney Liz Nielsen
Social media is about putting yourself out there to connect with people, sometimes all over the world. If you are a social media influencer, not only are you being social, you are also gaining a following that may be bringing in cash. If you are using social media to earn income, here are five questions […]
What Is HEMS and Why Is It Included in My Trust? from Austin Estate Planning Attorney Liz Nielsen
In the world of estate planning, you may come across the acronym HEMS from time to time. HEMS stands for “health, education, maintenance, or support” and is frequently included in trust agreements to guide a trustee on the types of distributions they may make to a trust beneficiary. When a trustee is limited to this […]