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. […]
Beneficiaries
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 […]
All About Life Insurance from Estate Planning Attorney Liz Nielsen
Part of protecting your loved ones when you pass away is making sure that you have a proper estate plan in place. Another aspect is making sure that the right amount of money is available to carry out your goals for their futures. Life insurance has helped many people provide for their loved ones in […]