The allure of a foreign land—perhaps where the weather is milder, the pace of life slower, and the cost of living lower—is a dream for many Americans who want to escape our country’s fast-paced, high-cost living. That dream can become a reality, and a tangible investment, for Americans who purchase a home overseas. Wealthy individuals […]
Real estate
What Happens to Real Estate With a Mortgage When I Die? from Austin Estate Planning Attorney Liz Nielsen
Most Americans carry a certain amount of debt during our lifetimes, from unsecured credit card debt, to more substantial debt like a mortgage. When you pass away, your debts are an issue which must be addressed. What happens to your debts often depends on the type of debt and the state where you live. Debts […]
What Is a Devise in My Estate Plan? from Austin Estate Planning Attorney Liz Nielsen
If you are thinking about creating an estate plan, you may hear some new and confusing terms that can make your head spin. To add to your bewilderment, not only are some of the words unfamiliar, they may also be homophones—words that are pronounced the same as other words, but have different meanings and spellings. […]
Five Things to Know Before Including a Limited Liability Company in Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
When it comes to protecting your hard-earned money and property, it is important that you have the right plan, which can include a number of tools for your unique situation. One tool that might benefit you is a limited liability company (LLC) that owns some of your accounts and property. What is a Limited Liability […]