In the digital age, our online presence extends beyond social media. Platforms like Twitch, where users engage with live-streamed content, present unique considerations when it comes to estate planning. Do you know what happens to a Twitch account after an individual passes away? If you die and a loved one needs to take care of […]
Trustee
The Difference Between a Trust and a Will by Nielsen Law’s Frances Chlebowski
It’s easy to feel overwhelmed by legal lingo when it comes to creating an estate plan. There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable living trusts, testamentary trusts, special needs trusts, and more. But what even is a trust – and what is the difference between a trust […]
Collecting Debts on Behalf of Your Deceased Loved One from Austin Estate Planning Attorney Liz Nielsen
People often engage in transactions that result in money being owed to them, such as loaning money to a friend or business partner or renting a house to a tenant. But what happens if someone passes away before they receive the money owed to them? Can someone else collect these debts? If your loved one […]
What Happens to Your Venmo, PayPal, and Apple Pay Accounts at Your Death? from Austin Estate Planning Attorney Liz Nielsen
It has been said that nothing ever dies on the Internet. While this dictum is typically used as a warning that what we put online may come back to haunt us, it is also true that our online accounts can outlive us, and even live in perpetuity. Having a digital estate plan that makes arrangements […]