The American Dream envisions home ownership for everyone. And most of us save for this purchase with the thought of passing it on to our families one day. But questions about ownership and how it’s passed on are pretty common. Questions like, “If I give my home to my child in my will, can they […]
Revocable Living Trust
Can You Update Your Estate Plan On Your Own from Austin Estate Planning Attorney Liz Nielsen
Many people associate spring with cleaning out the old, brushing off the dirt accumulated from the long winter, and starting projects around the house that have been neglected for far too long. Perhaps, however, your home is fine as is and you need a remodeling project for something other than your home. Estate planning is […]
What is Trustee Self-Dealing? from Austin Estate Planning Attorney Liz Nielsen
A trustee usually has quite a bit of discretion in their management of a trust’s accounts, money, and property (known as assets). At the same time, as a fiduciary, a trustee also owes the trust’s beneficiaries a duty of loyalty, which prohibits the trustee from self-dealing. This blog has touched on a trustee’s fiduciary duty […]
Estate Planning Post Bankruptcy from Austin Estate Planning Attorney Liz Nielsen
Bankruptcy can be incredibly stressful for anyone to go through. Once your matter has been closed, you may wonder what the next steps are. To ensure that your remaining accounts and property as well as yourself and your loved ones are protected in the future, we encourage you to consider an estate plan post bankruptcy. […]