The structure of families has changed in the United States: According to statistics cited by the Pew Research Center, six out of ten women who remarry are in blended families, and in about half of those remarriages, stepchildren live with the remarried couple. If you or your grown children are part of a blended family, […]
Trusts
The ABCs of RLTs, by Austin Estate Planning Lawyer Liz Nielsen
You may have heard of a revocable living trust (RLT), which is a commonly used estate planning solution. But what exactly are they, who is affected by them, how can they be changed, and what do they accomplish? What Are They? Trusts, which are legal entities that hold title to property for the benefit of […]
Even Vampires Need Estate Planning by Austin Estate Planning Lawyer Liz Nielsen
Yes, even the undead need an estate plan. Go ahead and laugh. But as we’ve learned from the likes of The Vampire Chronicles, the Twilight saga, and HBO’s True Blood, vampires aren’t immortal. They do die, and it’s usually unexpected and messy. While vampires aren’t necessarily good candidates for life insurance and probably don’t need […]
10 Types of Trusts: A Quick Look from Austin Estate Planning Lawyer Liz Nielsen
Considering the myriad of trusts available, creating an estate plan that works can seem daunting. However, that’s what we, as estate planning attorneys, do every day. We know the laws and will design a plan which addresses your specific situation. (If you’d like a brief overview of trusts in general, you may want to read […]