Beneficiaries

National Home Remodeling Month – How Remodeling Your Home Could Impact Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen

Spring is associated with renewal, and as the weather gets warmer, many homeowners turn their attention to renovation projects. Each May, the home remodeling industry and the National Association of Home Builders (NAHB) celebrate National Home Remodeling Month. In 2023, over 17 million home remodeling projects are expected to be undertaken in the United States. […]

The Death of Raquel Welch and What Her Estate Plan Is (or Might Be) from Austin Estate Planning Attorney Liz Nielsen

Raquel Welch, whose acting career spanned five decades, passed away in February at the age of eighty-two. Welch appeared in more than thirty films and fifty television series, won a Golden Globe Award, and has a star on the Hollywood Walk of Fame. However, Welch was more than an actress. She was also a savvy […]

What Happens to Elvis’s Legacy Now? from Austin Estate Planning Attorney Liz Nielsen

Elvis Presley, the King of Rock and Roll, died in 1977. Like most celebrities of his stature, he left behind a complicated legacy—not to mention a considerable estate. Elvis’s estate, including Graceland, ended up in the hands of his only child, Lisa Marie Presley, who passed away in January at fifty-four years old. It is […]

Nonjudicial Settlement Agreements: The Good, the Bad, and the Ugly from Austin Estate Planning Attorney Liz Nielsen

Some trusts are irrevocable as soon as they are created, which means that, in general, the trustmaker/grantor (the person who created and funded the trust) cannot terminate or modify it to take back the money or property that the trust holds. You may wonder why anyone would want an irrevocable trust, but irrevocable trusts can […]