According to the National Center for Education Statistics, in the 2018–2019 academic year, the average tuition and fees for a public four-year institution were $9,200; $35,800 for a private nonprofit four-year institution; $3,700 for a public two-year institution; and $18,400 for a private nonprofit two-year institution. If post-secondary education is in your family’s future, there […]
Trust
Wills are Public Record from Austin Estate Planning Lawyer Liz Nielsen
Most people think of probate (the process of collecting, managing, and distributing a deceased person’s money and property) as a private process. Wills are filed at the courthouse, and therefore probated estates become a matter of public record and can be seen by everyone. That means your nosy neighbor Nellie can simply go down to […]
Fund Your Trust to Avoid Probate From Austin Probate Attorney Attorney Liz Nielsen
Today, many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust avoids the public, costly and time-consuming court processes of guardianship (due to incapacity) or probate (after death). Still, many people make a big mistake that sends […]
Be Prepared: Start an Estate Plan from Austin Estate Planning Lawyer Liz Nielsen
Time seems to be one thing we just can’t get enough of. You spend your life working tirelessly to care for your loved ones, but still might not have prepared an estate plan to care for them once you’re gone. If you are able to answer the following questions or at least think them through, […]