While many proactive individuals understand the importance of a comprehensive estate plan, they often assume it only addresses what happens after death. Yet, a comprehensive estate plan is for more than after a loved ones passing. It can address questions and help family navigate the confusing and sometimes chaotic time known as incapacity. Thus allowing […]
Inheritance
Should You Update Your Estate Plan Now? from Austin Estate Planning Attorney Liz Nielsen
Since creating your estate plan, have you thought about updating it? If you are like most people, probably not. The temptation to check off the “estate plan” box from the adult to-do list and never look back is a strong one. However, that carefully thought-out plan you created years ago may not meet your current […]
International Inheritance Laws from Austin Estate Planning Attorney Liz Nielsen
Estate planning can be complicated enough when all your assets and loved ones are located within one country. But for US residents with international connections, whether through property, citizenship, residency, business interests, or loved ones living abroad, it can become significantly more complex with international inheritance laws. Different countries have different rules about who inherits, […]
What to Do After a Loved One Dies from Austin Estate Planning Attorney Liz Nielsen
Whether a loved one’s passing was expected, due to prolonged illness, or it happens unexpectedly, their passing is always a shock, often leaving behind questions of “what now?” among the survivors. If you have been named the person responsible for managing a loved one’s affairs, after there death, commonly called an executor or administrator (if your […]