Approximately three-fourths of Americans do not have a basic will.[1] Many of the same people also have children under the age of 18, which underscores a major misunderstanding about estate plans: They can accomplish much more than just handling financial assets (money, accounts, and property). One of the most important estate plan functions for parents […]
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Legacy Planning: Because Money Isn’t Everything From Austin Estate Planning Attorney Liz Nielsen
Money and property may be the most discussed types of wealth that a person owns, but the riches of their experience and wisdom can mean even more to loved ones down the line. Reinforcement of legacy and family traditions can be built into your estate plan alongside your wishes regarding the distribution of your money, […]
Should I Buy a Home with Someone Other than a Spouse? From Austin Estate Planning Attorney Liz Nielsen
Rising housing costs, the desire for companionship, and the need to share resources are increasingly leading buyers to consider co-ownership of a home with someone other than a spouse, such as a friend, relative, or significant other. Although this arrangement can be beneficial on several levels, it should be approached with open communication, careful planning, […]
Estate Planning Basics for Newlyweds: How to Prepare for the Unexpected From Austin Estate Planning Attorney Liz Nielsen
Getting married is a special time in your life; you may have a beautiful wedding, a fun reception (with a delicious cake and special gifts), and a romantic honeymoon. While estate planning might seem an odd choice, but it is also the right time for you and your new spouse to plan for your future—for […]