Regardless of your age, race, gender, or sexual orientation properly protecting your future and your loved ones requires a plan. Without estate planning executed by you, state law will fill in the gaps with default choices for your decision makers and recipients of your money and property. For some members of the LGBT community, both […]
Trust
Will my Revocable Living Trust Avoid Probate? From Austin Estate Planning Attorney Liz Nielsen
If you have established a revocable living trust (which we will refer to simply as a trust), congratulations! You are on the right track in creating a comprehensive estate plan. However, you are only halfway there. Many people believe that because they took the time to create a trust, their estate will automatically avoid probate, […]
What to Do with Grandma’s Ring: Dividing Personal Property in an Estate from Austin Estate Planning Attorney Liz Nielsen
If you have a beloved late grandmother, many images and memories may come to mind when you reminisce about her. You might picture her at her home or at the family vacation house during the holidays. Your memory could be a special meal that only she prepared for you or a place she took you […]
Can Someone Else Pay for My Estate Plan? From Austin Estate Planning Attorney Liz Nielsen
Estate planning is not just for the wealthy. Every adult should have an estate plan, yet surprisingly, most Americans do not. The perceived cost of creating one is among the most cited reasons for a lack of estate planning. Having somebody else pay for your estate plan can help with cost-related concerns. However, the consequences […]