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, […]
Family
Marital Disclaimers and the Clayton Election: Last-Minute Estate Tax Planning from Austin Estate Planning Attorney Liz Nielsen
Deferring, minimizing, or avoiding estate taxes altogether is often an important estate planning goal for married couples. However, uncertainty surrounding what the estate tax laws and the value of their accounts and property will be at the first spouse’s death can leave a couple feeling that they need a crystal ball to make the right […]
Naming a Legacy Contact for Your Apple Account from Austin Estate Planning Attorney Liz Nielsen
If you have an Apple account, did you know that you can now name a Legacy Contact? This is an important step to take to ensure your family will be able to access your digital legacy once you are no longer here. Apple, in iOS 15.2, has made it easier for your loved ones to […]
Estate Planning Post Bankruptcy from Austin Estate Planning Attorney Liz Nielsen
Bankruptcy can be incredibly stressful for anyone to go through. Once your matter has been closed, you may wonder what the next steps are. To ensure that your remaining accounts and property as well as yourself and your loved ones are protected in the future, we encourage you to consider an estate plan post bankruptcy. […]