Homestead

Homestead Exemptions and Estate Planning from Austin Estate Planning Attorney Liz Nielsen

The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on reducing property taxes and protecting home equity from creditors. While the […]

Is Our Home Community Property or Separate Property, and Why Does It Matter? from Austin Estate Planning Attorney Liz Nielsen

When two people get married, the property they obtain during their marriage is called marital property. This includes anything from real property like homes and rental properties, stock options, investment accounts, heirlooms, and employment income. A common assumption is that spouses want to share their property once they’re married. This assumption is not always true, […]