One goal of estate planning is to ensure assets, including your home, pass to chosen beneficiaries quickly and inexpensively. In real estate, a common strategy to avoid probate is adding others to the title of the property, such as a spouse, children, or other beneficiaries. Many who use this strategy are banking on using the […]
property
If I Leave Someone My Home, What Do They Really Get? From Austin estate Planning Attorney Liz Nielsen
Your home is likely one of your most valuable assets, if not the most valuable one you own. Calling it an asset can feel cold. A home is more than materials and possessions. It’s where we live, gather, create stories, and share lasting memories. But legally, your home is a combination of property types and […]
International Inheritance Laws from Austin Estate Planning Attorney Liz Nielsen
Estate planning can be complicated enough when all your assets and loved ones are located within one country. But for US residents with international connections, whether through property, citizenship, residency, business interests, or loved ones living abroad, it can become significantly more complex with international inheritance laws. Different countries have different rules about who inherits, […]
Property Ownership Pitfalls and How to Avoid Them from Austin Estate Planning Attorney Liz Nielsen
Do you own your home, other property, or a financial account with someone else, like a spouse, adult child, or someone not related to you by blood or marriage? If so, you might be surprised that a common way of owning property could create future problems for your loved ones. There are several forms of […]