Retirement Archives - Page 2 of 10

Are Pensions Treated the Same in Your Estate Plan as Other Retirement Accounts? from Austin Estate Planning Attorney Liz Nielsen

The first private pension plan in the United States was established in the late 1800s. Through 1980, nearly 40 percent of Americans were covered by a traditional employer-funded pension. But employer-provided retirement plans have now largely shifted away from pensions to retirement savings vehicles like 401(k) plans and Individual Retirement Accounts (IRAs) that place most […]

Have You Thought Through Your Retirement Plans? from Austin Estate Planning Attorney Liz Nielsen

Beginning your retirement is a great milestone that is worth celebrating. You have put in many years of hard work, and you are now able to focus your energy on the next phase of your life. However, before you begin this next chapter, you need to make sure that you have fully thought through this […]

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 […]

Don’t Have a Lot of Money? Here Are Seven Ways You Can Still Leave Your Family a Great Legacy From Austin Estate Planning Lawyer Liz Nielsen

Although the word “inheritance” usually conjures up images of property or accounts with significant monetary value, you can leave your family an even longer-lasting inheritance by doing these seven things, even if you don’t have a lot of money. Make a Plan Often, people who do not have a lot of money think that it […]