As a parent, you are responsible for the care of your minor child. In most circumstances, this means getting them up for school, making sure they are fed, and providing for other basic needs. However, what would happen if you and your child’s other parent were unable to care for them? It is important to note […]
Minor Children
Reasons Why You Want to Avoid Intestacy from Austin Estate Planning Attorney Liz Nielsen
About two out of three Americans will die without a will. This is known as dying intestate. While the reasons for not having a will vary, the end result is the same for everyone: they do not get to choose who receives their property when they die. Instead, their money and property are distributed according to […]
Want to Leave Your Retirement Account to Your Minor Child? Consider These Things First from Austin Estate Planning Attorney Liz Nielsen
Your retirement account may be one of the most valuable things you own. Many people consider naming their children as the beneficiaries of these accounts because they think it is a way of easily transferring their wealth if something happens to them. However, there are some factors that make this type of transfer more complicated […]
Estate Planning is Not Just for the Wealthy From Austin Estate Planning Lawyer Liz Nielsen
It is a common misconception that financial management and estate planning are useful for only the wealthy. But estate planning is not just for the wealthy. Regardless of how much you have in the bank, you and your family can benefit from planning ahead for the future. If you fail to do so, you could […]