Comprehensive estate planning involves more than just planning for your legacy after your death, avoiding probate, and reducing taxes. Good estate planning also appoints people to make legal, financial, and medical decisions for you if you are alive but unable to make those decisions for yourself (in other words, if you are incapacitated). While no […]
Trusts
Who Should Be the Trustee of a Third-Party Special Needs Trust? from Austin Estate Planning Attorney Liz Nielsen
Family members with special needs may require assistance throughout their lives. If you want to ensure that a loved one with a disability is taken care of after you are gone, you can help manage resources for them by using a third-party special needs trust (SNT). Also known as a supplemental needs trust, a third-party […]
Demystifying Probate and the Executor’s Role from Austin Estate Planning Attorney Liz Nielsen
When creating a last will and testament (commonly known as a will), one of your most important considerations is who to choose to serve as the executor (sometimes called a personal representative) of your estate. As the name implies, the role of the executor is to execute the instructions that you provide in your will. […]
Estate Administration Details that TV and Movies Get Wrong from Austin Estate Planning Attorney Liz Nielsen
While movies and television provide great entertainment, they are not always factual. Even shows based on real events are not entirely accurate. Creators of television programs and movies will often alter details of a story or situation to provide an enjoyable experience. Because of these widespread embellishments, people often develop misconceptions about many industries and […]