Would you like to provide your children or loved ones with an inheritance but protect them from the risks that may accompany a large windfall? If so, you may want to create a beneficiary-controlled trust. A beneficiary-controlled trusts allows the person you name as the trust’s primary beneficiary certain rights, benefits, and control over the […]
Inheritance
Things You Need to Do When an Estate Plan Has a Disclaimer Provision from Austin Estate Planning Attorney Liz Nielsen
Losing your spouse is one of the most difficult things you might face in life. Although it is important to take time to grieve, there are also some crucial steps you need to take as soon as possible to address your spouse’s accounts and property and secure your own future. If your spouse’s estate plan, […]
Estate Planning Issues for the Modern Family from Austin Estate Planning Attorney Liz Nielsen
As the name suggests, ABC’s TV show Modern Family depicts the relationships and experiences between a fictional extended family. Throughout the course of the series, the show addresses many issues that families deal with each day. For a close-knit family, such as this fictional one, estate planning is crucial to ensure that everyone is protected […]
Goodness Gracious! What Jerry Lee Lewis’ Estate Plan Could Look Like from Austin Estate Planning Attorney Liz Nielsen
Celebrities can give us a glimpse into lifestyles beyond our wildest dreams. But celebrities face many of the same estate planning issues that the rest of us do, such as which tax planning strategies to use and how to divvy up assets among loved ones when they die. Jerry Lee Lewis passed away in October […]