Meat Loaf, whose real name was Michael Lee Aday, passed away earlier this year at the age of seventy-four. The singer behind 1977’s Bat Out of Hell—one of the best-selling albums of all time—experienced ups and downs befitting his larger-than-life persona. He hit bottom with his 1983 bankruptcy but rode a 1990s career rebirth to […]
Tax Planning
How to Protect Your Home when Naming Your Child Recipient on Your Home from Austin Estate Planning Attorney Liz Nielsen
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 […]
How Can Remarriage Affect Your Estate Planning from Austin Estate Planning Attorney Liz Nielsen
Divorce is more common now than it was in the past, as is remarriage. Depending on how long a prior marriage lasted, the former couple may have done a certain amount of estate planning together. When that is the case, it is important to understand how a subsequent marriage can impact the estate planning from […]
Qualified Personal Residence Trust: What Is It and When Should You Consider One? from Austin Estate Planning Attorney Liz Nielsen
Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced estate planning strategies to avoid estate taxes, which have been as high as 60 percent during those same years. However, it is uncertain […]