On his HBO show, Last Week Tonight, John Oliver recently provided a scary, funny, and occasionally explicit explanation of how guardianship works. The video is embedded above, and we encourage you to watch it (as long as there aren’t any children around!). What is a Guardian? As explained in the video, a guardian is […]
Incapacity Planning
Estate Planning When Not All of Your Kids are in the Family Business from Austin Estate Planning Lawyer Liz Nielsen
Owning your own business can be a great endeavor that takes a lot of passion and drive. Many small business owners focus on the day-to-day management and growth of the business, rather than thinking about a time when he or she may not be in the business. This is a far too common mistake. Future […]
Five Surprisingly Common Baby Boomer Estate Planning Mistakes from Austin Estate Planning Lawyer Liz Nielsen
Baby boomers – the first generation tasked with the responsibility of planning for and funding their golden years. This generation, which includes those born between 1946 and 1964, have entered and continue to enter into retirement. As they make this financial transition into retirement, many are learning that they have made some of the most typical baby boomer estate planning mistakes.
Small Business Owner? Know What Can Happen to Your Business If You Become Incapacitated or Pass Away from Austin Estate Planning Lawyer Liz Nielsen
Preparing your company for your incapacity or death is vital to the survival of the enterprise. Otherwise, your business will be disrupted, harming your customers, employees, vendors, and ultimately, your family. For this reason, proactive financial planning — including your business and your estate plan — is key. Below are some tips on how to protect your company and keep the business on track and operating day-to-day in your absence.
