With couples of similar ages, planning for the future is naturally a joint effort. However, if your marriage has a sizeable age gap, meaning you are married to someone who is significantly older or younger than you, the future can look different and mean different things to each of you. To protect yourself, your spouse, […]
Family
Getting Organized for Your Initial Meeting from Austin Estate Planning Attorney Liz Nielsen
OK, great! The first step is always the hardest, but you’ve finally decided it’s time to meet with an estate planning attorney and get your affairs in order. It’s time to make sure your family is protected. Now that you’ve scheduled your initial meeting, what’s the next step? You can do one of two things: (1) […]
Who Needs An Estate Plan from Austin Estate Planning Attorney Liz Nielsen
If you’re reading this, you’re one of the millions of Americans who need an estate plan. Why? The short answer is “Everyone, age 18 and older needs an estate plan.” It doesn’t matter if you are old or young, Bezos-rich or just starting adulthood, the fact is, you need a written plan to keep you in […]
The Potential Future of the Family Limited Partnerships (FLP) from Austin Estate Planning Attorney Liz Nielsen
A popular estate planning tool that has long been used effectively may be facing new challenges under the ever shifting currents of tax law and politics. The family limited partnership (FLP) is an estate planning tool that allows families not only to transfer significant amounts of their wealth to succeeding generations while reducing estate, gift, […]