divorce

Big “Life Changes” Often Mean Big “Estate Plan Changes” from Austin Estate Planning Lawyer Liz Nielsen

Many people who put together an estate plan do so when they start a family – assuming they put an estate plan together at all during their lifetime. While putting an estate plan together is a good thing to do, many people make few updates once the plan has been created, despite other key life […]

Recent U.S. Supreme Court Case highlights importance of updating beneficiary designations after divorce from Austin Estate Planning Lawyer Liz Nielsen

Last week, the United States Supreme Court issued a ruling on a case involving life insurance beneficiary designations after divorce. Mark Sveen had named his wife as the beneficiary of his life insurance policy. They got divorced, but Mr. Sveen did not update the beneficiary. Court ruled that divorce invalidated the beneficiary designation in favor […]