Tax Exemptions Archives

Homestead Exemptions and Estate Planning from Austin Estate Planning Attorney Liz Nielsen

The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on reducing property taxes and protecting home equity from creditors. While the best-known […]

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Qualified Personal Residence Trust: What Is It and When Should You Consider One? from Austin Estate Planning Attorney Liz Nielsen

Liz Nielsen / February 22, 2022

Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. Such high exemption amounts have kept many of them from needing to seek out more advanced estate planning strategies to avoid estate taxes, which have been as high as 60 percent during those same years. However, it is uncertain what […]