Silent Trust: Could I Be the Beneficiary of a Trust and Not Know It? from Austin Estate Planning Attorney Liz Nielsen

silent trust

People who have accumulated a substantial amount of wealth during their lifetime are often reluctant to disclose the full extent of their wealth to their children. Although there may be a number of good reasons for high-net-worth individuals to create a trust with their children as beneficiaries, the phrase “trust fund baby” immediately brings to […]

The Potential Future of the Family Limited Partnerships (FLP) from Austin Estate Planning Attorney Liz Nielsen

FLP

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, […]