After the death of a loved one, such as a parent, there are a variety of tasks which must be handled to wrap up your loved one’s final affairs. Selling your deceased loved one’s real estate is one of the more daunting ones. But before you call a real estate agent, you should take some […]
Real estate
Defining “Fair Market Value” from Austin Estate Planning Attorney Liz Nielsen
When reading through a will or trust agreement, you may see language that grants a right to an individual to purchase certain property from the estate or trust at “fair market value.” At first glance, this phrase may seem a perfectly reasonable method of setting a suitable purchase price for a property to be sold. […]
Ways to Leave Your Real Estate from Austin Estate Planning Attorney Liz Nielsen
Owning real estate continues to be a very popular investment for individuals and couples alike. One attractive feature that investment property can also double as a personal residence. In other cases, real estate investments may be rental, recreational, commercial, or farm properties. Whatever the case, it is important to understand that real estate can be […]
How to Own Your Second Home from Austin Estate Planning Attorney Liz Nielsen
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership for a second home varies depending on the type of real estate. Below, we take a look at the different types of real estate that you might own […]