Unfortunately, sometimes a death in the family can bring out the worst in people. Indeed, family resentments sometimes simmer during a time of grieving – particularly when money and assets from the deceased’s estate are involved. If you are a beneficiary under a loved one’s estate plan, you may be under the assumption that those […]
Estate Plan
Aretha Franklin Estate In “Troubled Water” Without A Will From Austin Estate Planning Lawyer Liz Nielsen
It is common for many celebrities to pass away without an estate plan. Unfortunately, the Queen of Soul, Aretha Franklin is the most recent celebrity to join this group. Ms. Franklin passed away on August 16, 2018 at the age of 76; she was a phenomenal singer who commanded the world’s R-E-S-P-E-C-T. Ms. Franklin had […]
How to Successfully Make a “Large” Gift to Your Children or Grandchildren from Austin Estate Planning Lawyer Liz Nielsen
What constitutes a “large” gift can be relative. That being said, if you are considering giving cash or property to someone, a little bit of planning can really help avoid negative consequences. This is particularly true if the gifted amounts are over $15,000.00, will be gifted in property, will be gifted on a regular basis, […]
What to Do with Your Beloved Collection from Austin Estate Planning Lawyer Liz Nielsen
Whether your beloved collection consists of artwork, books, cars, music, or other significant items, you should not forget about this valuable asset when estate planning. You have likely spent quite some time — whether years or your entire life — building your collection; you should not leave its fate to the whims of the court. […]