Since creating your estate plan, have you thought about updating it? If you are like most people, probably not. The temptation to check off the “estate plan” box from the adult to-do list and never look back is a strong one. However, that carefully thought-out plan you created years ago may not meet your current […]
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Common Mistakes When Leaving Assets to Minor Children from Austin Estate Planning Attorney Liz Nielsen
You love your children and want to ensure that they are always taken care of. The desire to provide for them may also be shared by their grandparents, aunts, and uncles. However, when leaving money and property to minor children, even the best intentions can lead to big problems. Common mistakes can cause chaos for […]
Estate Plans Age Too from Austin Estate Planning Attorney Liz Nielsen
Your estate plan is one of the most important legal tools you will ever create. It is designed to protect you, your loved ones, and your money and property. A well-crafted plan can reduce taxes and fees while ensuring your family is cared for. Depending on the tools you use, it can also keep your […]
International Inheritance Laws from Austin Estate Planning Attorney Liz Nielsen
Estate planning can be complicated enough when all your assets and loved ones are located within one country. But for US residents with international connections, whether through property, citizenship, residency, business interests, or loved ones living abroad, it can become significantly more complex with international inheritance laws. Different countries have different rules about who inherits, […]