You and your spouse have recently divorced, and the judge has signed the divorce decree. Now what? Although you may feel that you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. If you and your former spouse created an estate plan […]
Trustee
Using AI to Prepare for Your Initial Estate Planning Consultation from Austin Estate Planning Attorney Liz Nielsen
Artificial Intelligence (AI) has been rapidly impacting education and the workforce with users using a variety of platforms, such as ChatGPT, CoPilot, Gemini, and other large language models. These tools have led to the expansion of learning opportunities available at one’s fingertips. By using AI to generate questions for your initial estate planning consultation, these […]
Five Reasons Why Your Relative May Not Make a Good Trustee from Austin Estate Planning Attorney Liz Nielsen
If you have created a trust that you intend to last for decades, choosing the right trustee is critical to ensuring the trust’s longevity and ultimate success. Initially, you may think that a relative (for example, Uncle Bill to your children, who are the initial beneficiaries of your trust) will be the best choice as […]
Beware of Trust Scams and How to Spot Them from Austin Estate Planning Attorney Liz Nielsen
Trusts are widely used in estate planning to protect and transfer a person’s assets (money, accounts, property, etc.), sometimes in a tax-advantaged manner. Some trusts are highly complex, with multiple parties, intricate structures, specialized legal terms, and references to arcane tax law that can be difficult for the average person to understand. Scammers have long taken […]