Beneficiaries

Summer Camp
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Make Sure Your Kids Are Prepared with This Summer Camp Checklist From Austin Estate Planning Attorney Liz Nielsen

After two years, summer camps are expected to be back in full swing this year after the pandemic forced them to close or operate at limited capacity. Camp is a great opportunity for kids to make new friends, try new activities, and gain self-confidence and resilience. But as parents and counselors know, a lot of preparation […]

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Silent Trust: Could I Be the Beneficiary of a Trust and Not Know It? from Austin Estate Planning Attorney Liz Nielsen

People who have accumulated a substantial amount of wealth during their lifetime are often reluctant to disclose the full extent of their wealth to their children. Although there may be a number of good reasons for high-net-worth individuals to create a trust with their children as beneficiaries, the phrase “trust fund baby” immediately brings to mind […]

Unmarried couples
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Why Unmarried Couples Should Care about Estate Planning from Austin Estate Planning Attorney Liz Nielsen

According to a 2019 survey conducted by the Pew Research Center, 7 percent of surveyed adults were living with an unmarried partner, up from 3 percent in 1995.[1] More people such as yourself are entering long-term committed relationships without getting married. Unfortunately, many state and federal laws do not protect unmarried couples as they do married […]

NFTs
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What to Know about Nonfungible Tokens (NFTs) from Austin Estate Planning Attorney Liz Nielsen

A nonfungible token (NFT) is a unique digital code that represents a digital item such as art or music, as well as a growing number of physical items, that runs on the blockchain (a secure, decentralized, and cryptography-backed online ledger) and provides proof of ownership of virtual collectibles. That explanation is likely to cause confusion, and […]

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