divorce

Is Our Home Community Property or Separate Property, and Why Does It Matter? from Austin Estate Planning Attorney Liz Nielsen

When two people get married, the property they obtain during their marriage is called marital property. This includes anything from real property like homes and rental properties, stock options, investment accounts, heirlooms, and employment income. A common assumption is that spouses want to share their property once they’re married. This assumption is not always true, […]

Divorce, Marriage, and Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen

Divorce is more common now than it was in the past, as is remarriage. Depending on how long a prior marriage lasted, the former couple may have engaged in certain levels of estate planning together. When that is the case, it is important to understand how a subsequent marriage (or even a remarriage between spouses) […]

Severing Joint Ownership of Property from Austin Estate Planning Attorney Liz Nielsen

Severing Joint Ownership of Property by Austin estate planning lawyer

One of the most common forms of property ownership in the United States is joint tenancy with rights of survivorship (JTWROS or joint tenancy). But what is joint tenancy? Joint tenancy is a legal right to property that provides the owner an undivided right to the enjoyment of the property. In other words, one joint […]

Your Divorce Decree: The Next Step in Estate Planning, from Austin Estate Planning Lawyer Liz Nielsen

Divorce and estate planning Austin Estate Planning

You have recently divorced and the judge has signed the divorce decree. Now what? Although you may feel as though you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. If you and your former spouse had estate planning done together previously, […]