Great ideas are often turned into great businesses. Too often, however, the individuals who turn an idea into a business skip an important step – planning. Good business planning begins with discussions among the owners of a business and their professional advisors, including lawyers, accountants, insurance, and financial professionals. Once the issues are discussed and […]
Business Planning
Five Things to Know Before Including a Limited Liability Company in Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
When it comes to protecting your hard-earned money and property, it is important that you have the right plan, which can include a number of tools for your unique situation. One tool that might benefit you is a limited liability company (LLC) that owns some of your accounts and property. What is a Limited Liability […]
Estate Planning Issues for the Modern Family from Austin Estate Planning Attorney Liz Nielsen
As the name suggests, ABC’s TV show Modern Family depicts the relationships and experiences between a fictional extended family. Throughout the course of the series, the show addresses many issues that families deal with each day. For a close-knit family, such as this fictional one, estate planning is crucial to ensure that everyone is protected […]
Estate Planning For Student Athletes from Estate Planning Attorney Liz Nielsen
It is a new era for college student-athletes, who can now (as of July 1, 2021) profit from their name, image, and likeness (NIL). A change to the long-standing National Collegiate Athletic Association (NCAA) policy that prohibited athletes from making money has abruptly—and dramatically—altered the landscape of NIL in collegiate athletics. The NCAA has long been […]