Whether you own a little or a lot, the last thing you want to do to your loved ones is leave a bureaucratic mess after you pass away or become incapacitated. This will cause the family additional stress, aside from mourning your passing or a significant deterioration in your health,. Heirs may forfeit life insurance […]
Will
Estate Planning: Why Me, Why Now, and Is a Will Enough? From Austin Estate Planning Lawyer Liz Nielsen
You have worked hard for years, have family members and friends you care about, and have approached a time in your life when “estate planning” sounds like something you should do, but you are not exactly sure why. You may feel that you are not wealthy enough or old enough to bother or care. Or […]
Do you really need a will? From Austin Estate Planning Lawyer Liz Nielsen
Most Americans do not have a simple will as part of their estate plan. You might believe that a will is only for the rich and famous, and not the average person who has a far smaller net worth. On the other hand, you may think that a will is entirely unnecessary since you have […]
Do you really need a trust? from Austin Estate Planning Lawyer Liz Nielsen
Although many people equate “estate planning” with having a will, there are many advantages to having a trust rather than a will as the centerpiece of your estate plan. While there are other estate planning tools (such as joint tenancy, transfer on death, beneficiary designations, to name a few), only a trust provides comprehensive management […]