Austin Texas Estate Planning Blog

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hedge maze: Navigating the Legal Labyrinth of Multigenerational Financial Planning

Navigating the Legal Labyrinth of Multigenerational Financial Planning

Posted on: November 12, 2023
Many of us Austinites play a pivotal role in our families – as caretakers of our minor children and aging parents. This dual responsibility often brings to the forefront the need for astute multigenerational financial planning intertwined with a keen understanding of legal intricacies. Opening the Conversation: The Delicate Dance of Family Finances Embarking on […]
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Two girls exploring a library: Cultivating Lifelong Learners A Journey of Growth for Both Parents and Children

Cultivating Lifelong Learners: A Journey of Growth for Both Parents and Children

Posted on: November 9, 2023
In the heart of Austin, Texas, where the spirit of learning flows as freely as the waters of the Colorado River, the narrative of fostering a culture of continuous growth among families holds a special place. The modern parent finds themselves at the crossroads of nurturing not only the minds of their children but also […]
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Passing a miniature tree via hands: Legacy Blueprint Navigating Estate Planning Waters in Austin for Family Harmony

Legacy Blueprint: Navigating Estate Planning Waters in Austin for Family Harmony

Posted on: October 25, 2023
In the next decade, 15% of American adults expect to receive an inheritance, according to the latest findings from the New York Life Wealth Watch survey. However, they’re not all confident they’ll be able to manage the funds. On average, adults who expect to receive an inheritance anticipate receiving $740,000. However, just 42% feel very comfortable handling that new wealth.
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person walking over a risky stone bridge: Estate Plan can Ease Anxiety and Confirm Legacy

Estate Plan can Ease Anxiety and Confirm Legacy

Posted on: October 18, 2023
Preparing for the future supports the causes you believe in and provides peace of mind for you and your heirs.
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Family, beach sunset: What You Should Know about Inherited IRA

What You Should Know about Inherited IRA

Posted on: October 15, 2023
Navigating the often complex world of inherited individual retirement accounts (IRAs) can be daunting, especially in the wake of losing a loved one.
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UT clocktower: Now Is the Time for Estate Planning

Now Is the Time for Estate Planning

Posted on: October 10, 2023
As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
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Swedish Cityscape: Swedish Death Cleaning

Swedish Death Cleaning

Posted on: October 2, 2023
How much stuff is too much? Most Americans would probably admit that they own too many things. From clothes to electronics to sports equipment to collectibles, we tend to stuff our houses to the brim with items of questionable utility. Occasionally, we may commit to decluttering, only to get overwhelmed or distracted. Meanwhile, the stuff […]
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The Importance of Flexibility in Estate Planning Lessons from the Barnes Foundation

The Importance of Flexibility in Estate Planning: Lessons from the Barnes Foundation

Posted on: September 27, 2023
Estate planning is critical to securing your financial legacy and ensuring that your wishes are honored after your passing. However, a rigid or overly detailed estate plan can lead to unintended consequences. A case in point is the ongoing saga of the Barnes Foundation, as highlighted in a recent Forbes article. In this blog post, […]
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shrub maze: Navigating the Legal Labyrinth Safeguard Your Legacy

Navigating the Legal Labyrinth: Safeguard Your Legacy

Posted on: September 24, 2023
In my decades of experience as an estate planning attorney, I've seen firsthand the emotional and financial turmoil that families go through when a loved one passes away without a proper estate plan. Dividing assets becomes not just a legal endeavor but an emotional battleground. This is why I cannot stress enough the importance of […]
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