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Retirement

Unmarried Couples vs. Estate Law from Austin Estate Planning Attorney Liz Nielsen

Why Unmarried Partners Should Care about Estate Planning by Austin estate planning lawyer Liz Nielsen

According to a 2019 survey conducted by the Pew Research Center, 7 percent of surveyed adults were living with an unmarried partner. This number is up from 3 percent in 1995.[1] More people, such as yourself, are entering long-term committed relationships without getting married. Unfortunately for unmarried partners, married couples tend to enjoy greater protection […]

By Liz Nielsen May 4, 2021

Planning Tools for Unmarried Couples from Austin Estate Planning Attorney Liz Nielsen

Planning Tools for Unmarried Couples by Austin estate planning lawyer Liz Nielsen

The number of marriages in Texas has been in steady decline for years.  The reasons for this vary, but it hardly means love or romance is dead.  Most young couples choose instead to cohabitate, effectively acting as a married couple without the formality of a ceremony or even creating a common law marriage.  Yet, these […]

By Liz Nielsen April 23, 2021

Establishing and Transferring IRAs from Austin Estate Planning Attorney Liz Nielsen

Establishing and Transferring IRAs by Austin estate planning lawyer Liz Nielsen

Now, more than ever before, Americans are using a variety of tax-deferred accounts such as 401(k)s and IRAs to save for retirement. And while the laws are currently designed so that people must start withdrawing the money when they retire, it is not uncommon for many of these accounts to still have significant value at […]

By Liz Nielsen April 20, 2021

Retirement Accounts vs. Creditors from Austin Estate Planning Attorney Liz Nielsen

Retirement Accounts vs. Creditors by Austin estate planning lawyer Liz Nielsen

Do you have an individual retirement account or other type of retirement account that you plan to leave to your loved ones? If so, proceed with caution! Inherited retirement accounts do not have asset protection when they pass to your loved ones, meaning creditors can seize the money in the accounts to satisfy any claims […]

By Liz Nielsen April 9, 2021
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