In a society dominated by information and paperwork, the question of how long to you should keep important documents is baffling for most people. We especially worry about documents of a financial or personally identifying nature. People who worry about losing something important sometimes keep everything; others who worry about things like identity theft often […]
Trust
How to Select a Fiduciary for Your Estate Plan from Austin Estate Planning Attorney Liz Nielsen
While the term “fiduciary” is a legal term with a long history, it very generally means someone who is legally obligated to act in another person’s best interests. Trustees, executors, and agents are all examples of fiduciaries. When you pick trustees, executors, and agents in your estate plan, you’re picking one or more people to […]
Three Steps You Can Take Now to Protect Your Artistic Legacy by Austin Estate Planning Attorney Liz Nielsen
Although your death is probably a long way off, it is important that you have a plan to ensure that your affairs are settled in the way that you want. An estate plan crafted by an experienced estate planning attorney is a legally enforceable set of documents that allows you to name who will have […]
What Happens to My Spouse’s Debts at Their Death? by Austin Estate Planning Attorney Liz Nielsen
A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to process your grief, you may have certain responsibilities related to settling their affairs, including paying off spouse’s debts. Most Americans have some type of debt. The obligation to pay debts does […]