A will (which should be accompanied by other important documents) is a foundational estate planning document. However, according to Gallup, only 46 percent of US adults have a will. This number has remained consistent in Gallup polls dating back to 1990. If you are among the minority of Americans with this crucial estate planning document, […]
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Things You Need to Do When an Estate Plan Has a Disclaimer Provision from Austin Estate Planning Attorney Liz Nielsen
Losing your spouse is one of the most difficult things you might face in life. Although it is important to take time to grieve, there are also some crucial steps you need to take as soon as possible to address your spouse’s accounts and property and secure your own future. If your spouse’s estate plan, […]
Goodness Gracious! What Jerry Lee Lewis’ Estate Plan Could Look Like from Austin Estate Planning Attorney Liz Nielsen
Celebrities can give us a glimpse into lifestyles beyond our wildest dreams. But celebrities face many of the same estate planning issues that the rest of us do, such as which tax planning strategies to use and how to divvy up assets among loved ones when they die. Jerry Lee Lewis passed away in October […]
Why You May Still Have to Open a Probate Proceeding from Austin Estate Planning Attorney Liz Nielsen
Probate is the legal process for recognizing the validity of a person’s will after their death and appointing the nominated decision maker. This person, also known as an executor or personal representative, administers the deceased person’s estate and ensures that their money and property are transferred to the beneficiaries specified in their will. If someone […]