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  • Home
  • Who we are
  • What we do
    • Estate Planning
    • Special Needs Planning
    • Probate and Estate Adminstration
    • Business Planning
    • You need a plan if…
  • Our Blog
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  • Get in touch

Beneficiaries

Disinheriting a Child from Your Plan from Austin Estate Planning Attorney Liz Nielsen

Disinheriting a Child From Your Plan by Austin estate planning lawyer Liz Nielsen

One common storyline in Hollywood movies is the rich father disinheriting the family outcast. The story usually traces a child’s attempts to win their family back. But can fiction imitate reality? Can you actually disinherit a child? In most circumstances, the answer is yes you can disinherit a child in most states.  However, you must […]

By Cort April 16, 2021

Defining “Fair Market Value” from Austin Estate Planning Attorney Liz Nielsen

Defining Fair Market Value by Austin estate planning lawyer Liz Nielsen

When reading through a will or trust agreement, you may see language that grants a right to an individual to purchase certain property from the estate or trust at “fair market value.” At first glance, this phrase may seem a perfectly reasonable method of setting a suitable purchase price for a property to be sold. […]

By Cort April 13, 2021

Retirement Accounts vs. Creditors from Austin Estate Planning Attorney Liz Nielsen

Retirement Accounts vs. Creditors by Austin estate planning lawyer Liz Nielsen

Do you have an individual retirement account or other type of retirement account that you plan to leave to your loved ones? If so, proceed with caution! Inherited retirement accounts do not have asset protection when they pass to your loved ones, meaning creditors can seize the money in the accounts to satisfy any claims […]

By Liz Nielsen April 9, 2021

Why Do I Need a Retirement Trust? from Austin Estate Planning Attorney Liz Nielsen

Protect Your Retirement Accounts by Austin estate planning lawyer Liz Nielsen

Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates.  When a loved one inherits your retirement account, creditors can seize it and use the funds to satisfy their claims.  All it takes is one lawsuit and your life savings could […]

By Liz Nielsen April 2, 2021
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