JTWROS

Severing Joint Ownership of Property from Austin Estate Planning Attorney Liz Nielsen

Severing Joint Ownership of Property by Austin estate planning lawyer

One of the most common forms of property ownership in the United States is joint tenancy with rights of survivorship (JTWROS or joint tenancy). But what is joint tenancy? Joint tenancy is a legal right to property that provides the owner an undivided right to the enjoyment of the property. In other words, one joint […]

Three Estate Planning Mistakes Farmers and Ranchers Make and How to Avoid Them, from Austin Estate Planning Lawyer Liz Nielsen

Estate planning for farmers and ranchers Austin Estate Planning Lawyer

Farming or ranching can be more than a means of livelihood; it is often also about preserving a legacy and unique way of life. Unfortunately, many farmers and ranchers fail to make an estate plan. The farm or ranch that has been passed down for generations then ends up being sold and converted into non-agricultural […]