Beginning your retirement is a great milestone that is worth celebrating. You have put in many years of hard work, and you are now able to focus your energy on the next phase of your life. However, before you begin this next chapter, you need to make sure that you have fully thought through this […]
Generational Planning
Pros and Cons of a Family Limited Partnership from Austin Estate Planning Attorney Liz Nielsen
Owning your own business or investment portfolio can be incredibly rewarding. However, to preserve the fruits of your labor and dedication, you must do everything you can to protect it. Whether you seek to protect yourself, your investments, and your family from taxes, creditors, or probate, a family limited partnership (FLP) is a strategy worth […]
An Introduction to Dynasty Trusts from Austin Estate Planning Attorney Liz Nielsen
When people create estate plans, they typically focus on handing down their money and property to their children, grandchildren, and other living heirs. But some people want to leave behind a more enduring legacy. For those interested in multigenerational wealth transfer, dynasty trusts could be the answer. Dynasty trusts are relatively new to Texas. Up […]
Batman: The Masked Philanthropist from Austin Estate Planning Attorney Nielsen Law
Among the superheroes, Batman is unique because he has no superpowers. Although he is trained in martial arts and possesses a range of high-tech gadgetry that allows him to fight crime, Batman is entirely human. He does not have genetic mutations, X-ray vision, overpowering physical strength, flying ability, genius-level intellect, or any other god-like powers. […]