Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced estate planning strategies to avoid estate taxes, which have been as high as 60 percent during those same years. However, it is uncertain […]
Estate Plan
The Denver Broncos and Trustee Duties from Austin Estate Planning Attorney Elizabeth Ziegler
Fellow Americans, every year we gather to cheer on teams as they battle on the gridiron. But now that the haze of Superbowl fever has lifted, let’s turn out attention to an interesting intersection of America’s favorite sport and estate law. In June 2019, Paw Bowlen, the owner of the Denver Bronco’s died. With no […]
A Statement of Intent in Estate Planning Documents from Austin Estate Planning Attorney Liz Nielsen
The reasons you, as a trustmaker (in Texas referred to as a grantor), create a trust are certainly special and important to you, but your intent or purpose for creating a trust can also have significant legal ramifications. For this reason, it is often critical that a grantor express in writing a statement of intent, […]
Springing Financial Power of Attorney from Austin Attorney Liz Nielsen
Estate planning is about more than preparing for the inevitable. A good estate plan should also consider the unexpected. Your plan may have detailed instructions for what happens when you are no longer around, but what if something goes wrong while you are still alive? If you can no longer manage your affairs, you will […]