Qualified Personal Residence Trust: What Is It and When Should You Consider One? from Austin Estate Planning Attorney Liz Nielsen

Qualified Personal Residence Trust

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 […]

Marital Disclaimers and the Clayton Election: Last-Minute Estate Tax Planning from Austin Estate Planning Attorney Liz Nielsen

Marital Disclaimers and the Clayton Election: Last-Minute Estate Tax Planning

Deferring, minimizing, or avoiding estate taxes altogether is often an important estate planning goal for married couples. However, uncertainty surrounding what the estate tax laws and the value of their accounts and property will be at the first spouse’s death can leave a couple feeling that they need a crystal ball to make the right […]