Most people understand that having some sort of an estate plan is a good thing. Many people do not understand the nuances between a will and trust – and dying without either – but should not deter you from starting. Here is what will generally happen if you die, intestate (without a will or trust), […]
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What if My Beneficiary Dies First? from Austin Estate Planning Attorney Liz Nielsen
When planning for death, most people assume they will die before their beneficiaries (e.g., their spouse, children, and grandchildren). While these assumptions are often well-founded, they do not always come to pass. Sometimes a beneficiary of an estate or trust dies before the person leaving the inheritance. If this has happened to you, you may […]
Planning After an Injury Settlement from Austin Estate Planning Attorney Liz Nielsen
In the hectic and sometimes dangerous world that we live in, it is an unfortunate fact of life that accidents happen and people get injured. The U.S. legal system is designed so that those who suffer injury through the avoidable fault of others can seek compensation for those injuries. Sometimes those injuries are so severe […]
Learn the Basics: Wills vs. Trusts from Austin Estate Planning Attorney Liz Nielsen
Are you confused about the differences between wills and trusts? If so, you are not alone. While it is always wise to contact experts like us regarding your estate planning, it is important to understand the basics. Here is a simple reference guide which highlights the major differences between the two most common types of estate […]