We collect stuff throughout our lives. This “stuff” is known as our personal property. Some items are valuable, like jewelry, baseball cards, and works of art. Other items are sentimental, like grandma’s tea set, old Christmas ornaments, and photographs. Regardless of the value of your property, it is important that these items be distributed the […]
Personal Property
What To Do With The Family Heirlooms And Keepsakes From Austin Estate Planning Lawyer Liz Nielsen
When most people think of estate planning, they think of assets such as bank or brokerage accounts, retirement plans, life insurance, and real estate. But sometimes invaluable personal property, such as family heirlooms or keepsakes, needs to be included as well. This type of property should not be overlooked in your estate plan just because […]
How to Successfully Make a “Large” Gift to Your Children or Grandchildren from Austin Estate Planning Lawyer Liz Nielsen
What constitutes a “large” gift can be relative. That being said, if you are considering giving cash or property to someone, a little bit of planning can really help avoid negative consequences. This is particularly true if the gifted amounts are over $15,000.00, will be gifted in property, will be gifted on a regular basis, […]
Digital Assets: An Estate Plan For Your Online Accounts from Austin Estate Planning Lawyer Liz Nielsen
Did you ever wonder what happens to your digital footprint when you pass away? Well you should, particularly if you are part of the 77 percent of Americans who go online every day. As the internet has become more of an integral part of our lives, our information — pictures, videos, financial, emails, social media […]