As the old adage goes “anything that can go wrong, will go wrong.” Referred to as Murphy’s law, this well-known saying has no mercy. Sadly, estate planning is no exception to its wrath. There is hope! Below are five-estate planning mistakes and how to fix them: Incorrect guardian for your children: Your estate plan is […]
Family
Creating an Estate Plan to Avoid Family Feuds From Austin Estate Planning Lawyer Liz Nielsen
Family Feuds may be fun to watch when Steve Harvey is reading the questions and telling the jokes. It is, however, not fun to watch a feud play out among your own family. Thankfully there are a few steps you can take with your estate plan to ensure your wishes are met and any family […]
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 […]
Big “Life Changes” Often Mean Big “Estate Plan Changes” from Austin Estate Planning Lawyer Liz Nielsen
Many people who put together an estate plan do so when they start a family – assuming they put an estate plan together at all during their lifetime. While putting an estate plan together is a good thing to do, many people make few updates once the plan has been created, despite other key life […]