This question comes up regularly in conversation with a wide range of people. And with good reason: nursing home care is expensive, and can quickly drain assets that took decades to accumulate. Some people are involved in the care of their aging parents, and some are...
Manchester New Hampshire Estate Planning Blog
Long-term care planning: Questions to answer
Adding a long-term care component to your estate plan is one of the best decisions you can make. Not only does it put your mind at ease right now, but it will go a long way in protecting you, your loved ones and your finances in the future. For many people, the...
Will a New Hampshire estate qualify for summary administration?
When someone dies in New Hampshire, the probate courts typically have authority over the administration of their estate. How the state handles each unique estate varies depending on a number of factors. The more complex an estate is, the more likely it is that the New...
The difficult decision to seek guardianship
Watching a parent decline in physical or mental health is a difficult part of life. If you have noticed your parent forgets to pay important bills or fails to attend to his or her health care needs, you may feel compelled to step in and help. Unfortunately, not...
Certain mistakes could cause problems with your estate plan
If you have an estate plan, you may think you have everything you need to be secure for the future. In fact, it's possible you haven't given your estate plan much thought since you originally drafted and signed everything. It is smart for everyone with an estate plan...
Alzheimer’s diagnosis may present need for estate planning
Receiving a difficult medical diagnosis is not easy for any New Hampshire resident. In some cases, individuals could learn that they have Alzheimer's disease or another form of dementia that puts their futures in precarious situations. For you, this diagnosis may have...
How estate planning can help you get long-term care
When most people make an estate plan, they think about how that plan can help take care of their spouse and future generations when they pass. But careful estate planning can also protect you from ruinous medical costs in the later years of your life.In addition to...
Tips on choosing the right nursing home for your loved one
Making the decision to place a loved one within a nursing home or assisted living facility is not always an easy one. There are many factors to consider when making this change. However, the best decision is a well-researched one.Not only should you conduct thorough...
Two powers of attorney vital to an estate plan
A well drafted estate plan gives the owner a unique peace of mind as they make their way through life. The plan holder knows that they will not leave any questions for their friends and family regarding their affairs, their wishes and their assets. Trusts and wills...
More older Americans are filing for bankruptcy
A recent study found people aged 65 and older are filing for bankruptcy at three times the rate as they were in 1991. The New York Times states of the people from ages 65 to 74, 3.6 out of 1000 file for bankruptcy. The study suggests this increase is due to changes...
