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  • Who we are
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    • Estate Planning
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    • You need a plan if…
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successor trustee

The Wrong Successor Trustees Can Derail Your Final Wishes from Austin Estate Planning Attorney Liz Nielsen

Successor Trustees

Many estate plans contain revocable living trusts (or trusts which can be changed or terminated by the creator). These trusts later become irrevocable (cannot be easily changed or terminated) when the trustmaker, also known as the Grantor, dies. Such trusts may benefit the surviving spouse during their lifetime and may continue for the benefit of […]

By Liz Nielsen May 6, 2025

Who Should Be Your Successor Trustee? From Austin Estate Planning Attorney Liz Nielsen

Successor Trustee

If you have a revocable living trust, you probably named yourself as the initial trustee so that you can continue to manage your financial affairs. However, someone else will eventually need to step in to administer your trust when you are no longer able to act due to incapacity (the inability to manage your affairs) […]

By Liz Nielsen February 25, 2025

What Can I Not Do as Trustmaker and Trustee of a Revocable Living Trust? from Austin Estate Planning Attorney Liz Nielsen

living trust

Wills and living trusts are two of the most fundamental estate planning documents. While both accomplish the same primary objective in an estate plan of directing the distributions of your money and property to your desired beneficiaries after you pass away, a revocable living trust, often referred to simply as a living trust or an inter […]

By Liz Nielsen May 28, 2024

Have You Chosen the Right Trustee? from Austin Estate Planning Attorney Liz Nielsen

Trustee

Whether you are reviewing your existing trust or creating a new trust, you should understand the important role that trustees play not only in handling trust matters but also in providing for and protecting your loved ones. What is a Trust? A trust is an agreement between an owner of accounts and property (Trustmaker/Grantor) and […]

By Liz Nielsen March 14, 2023
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