Estate Planning is not usually on the forefront of Millennials’ minds. There are lots of things they worry about, but what happens to their estate if they die or become incapacitated is not usually one of them. The Millennial generation consists of individuals born between 1980-2000. These consist of young professionals and new parents, both […]
Estate Planning
What is an Inheritor’s Trust? From Austin Estate Planning Lawyer Liz Nielsen
When it comes to estate planning there are several types of tools you can use, depending on your circumstances. One such estate planning tool is the trust. There are numerous types of trusts aimed at fulfilling different estate planning purposes. If you are anticipating an inheritance, there is a special type of trust designed to […]
Why Receiving an Inheritance Changes Your Estate Plan From Austin Estate Planning Lawyer Liz Nielsen
Receiving an inheritance is a huge blessing but, if not handled properly, can also become a curse. Often times, the inheritor does not know what to do with the new asset and runs into financial trouble, squandering most, if not all of it. This could happen due to the inheritor having outstanding creditor issues or […]
Estate Planning Considerations for Benefits Open Enrollment from Austin Estate Planning Lawyer Liz Nielsen
The fall, generally late-October or early-November, is the time when employers send out summaries of employee benefits offered by the company and give employees the option to enroll in these benefits. These can generally include retirement plan options, health care, dental, vision, short and/or long-term disability, and life insurance coverage. Your employer may pay 100 […]