For many people, a revocable living trust is a valuable tool to ensure that their finances are well managed during periods of incapacity and that their loved ones are financially secure upon their passing. Signing the trust agreement doesn’t end the estate planning process, but you also need the trust to be funded in order […]
Trusts
Savings Bonds in Estate Planning from Austin Estate Planning Lawyer Liz Nielsen
A savings bond is defined as “a debt security issued by the U.S. Department of the Treasury to help pay for the U.S. government’s borrowing needs.” In effect, when you buy a savings bond, you are loaning the U.S. government money which is repaid with interest after a fixed period of time. There are currently […]
Estate Planning During COVID-19 From Austin Estate Planning Lawyer Liz Nielsen
COVID-19, often referred to as coronavirus, has been all over the news—and with good reason. As of April 13, 2020, there were over 570,000 cases of COVID-19 in the United States, and more than 23,000 deaths, according to Wikepedia. We should all care for our neighbors, our communities, and ourselves by staying home, washing our […]
Is a Handwritten Will Effective in Texas? From Austin Estate Planning Lawyer Liz Nielsen
After the 2018 passing of the legendary singer Aretha Franklin, her family and lawyer initially thought she had died without a will. But earlier this year, three handwritten wills — two from 2010 that were locked in a cabinet and one from 2014 that was hidden under a couch cushion — were found in Franklin’s […]