Enjoyable Things a Third-Party Special Needs Trust Can Be Used For From Austin Estate Planning Attorney Liz Nielsen

third party

A Third-Party special needs trust (SNT), sometimes known as a “Supplemental Needs Trust”, allows an individual to provide for a disabled beneficiary without jeopardizing the beneficiary’s eligibility for needs-based government benefits.  These SNT funds can generally be used to pay for almost anything that falls outside the basic support that programs such as Supplemental Security Income […]

How Is Business Succession Planning Relevant to My Estate Plan? from Austin Estate Planning Attorney Liz Nielsen

Business Succession

Studies consistently find that only about 25–35 percent of Americans have an estate plan, a shockingly low rate when you consider that, in the absence of a plan, the state—not you or your family—decides what happens to your assets, including your business interests. The overall business succession planning rate is higher, with about two-thirds of business […]