The death of a loved one is never easy. Regardless of your relationship with the deceased, you need space and time to process and grieve your loss. Once you have had time to cope with all that has happened, you should consider updating your own estate plan in light of your loved one’s death. We […]
Living Trusts
Preparing Your Assets to Avoid Probate from Austin Estate Planning Attorney Liz Nielsen
The most common stated goal of estate planning is to avoid probate. While a relatively straightforward process in Texas, probate can be somewhat costly and does require a time investment. Finally, when probating a will, that information becomes a matter of public record, all of which most people prefer to avoid. Whether or not your […]
Choosing a Successor Trustee from Austin Estate Planning Attorney Liz Nielsen
When you create a living trust, you must name a successor trustee to take over for you if you are unable to act due to incapacity or death. It is crucial that this decision be given careful consideration and that the right person be selected for the job. Role of Successor Trustee If you become […]
What to Know as Successor Trustee from Austin Estate Planning Attorney Liz Nielsen
Being named as a successor trustee in someone’s revocable living trust document can be considered a great honor. But with that honor comes responsibility. Whether you were appointed to this role due to someone’s death or incapacity, we are here to assist you with understanding your role in the trust administration process and to offer […]