Retiring from your business can a tough decision. To ensure that what you have built continues on, there needs to be a plan for succession. For some people, they have spent years grooming a child or other family member to take over, wanting the business to stay in the family. Others look to sell to […]
Legacy Planning
How an Estate Planning Letter of Intent Can Help Your Family from Austin Estate Planning Lawyer Liz Nielsen
Estate planning is an important task that everyone should undertake as it helps to protect your family and loved ones’ financial future. But estate planning can do much more than focus on finances; it can also provide care for those you leave behind. One aspect of estate planning that is often overlooked but can be […]
The Biggest Threats to Successful Estate Planning from Austin Estate Planning Lawyer Liz Nielsen
Poor estate planning is a recipe for disaster. Look no further than Dickens’ Bleak House—or a telenovela—to witness the tragedy and melodrama inadequate estate planning can cause. While having your estate planning documents prepared is the first hurdle to overcoming these types of disasters, there are several threats that lurk around the corner that might derail your wishes. A little planning can help you avoid these threats to successful estate planning.
Financial Planning. Tax Planning. Legacy Planning. Estate Planning – How many plans do I need?! from Austin Estate Planning Lawyer Liz Nielsen
Most folks have at least heard of an estate plan. But fewer realize that a simple will is not enough to prepare for your future. In fact, a combination of plans – financial, tax, legacy, and estate – are vital to your financial well-being and protection of your assets and family. All of these plans […]