Protect Yourself And Your Family
How Does Owning a Business Impact the Estate Planning Process? If you are a business owner in New Hampshire, there are a few significant ways that your estate planning process may differ from the average resident. For one, it brings a greater sense of urgency to...
One of the main reasons individuals create comprehensive estate plans is to help their heirs avoid estate taxes. States and the federal government impose these taxes on assets that pass to beneficiaries after the death of a loved one. However, there is a difference...
Every adult should establish an advanced directive to define their medical wishes and appoint someone to make decisions. Many people create a directive and then fail to update it afterward, resulting in an outdated and sometimes unenforceable directive. There are some...
When thinking about how you might want to pass down assets to the next generation, trusts are often an attractive option. Trusts are very different from other forms of charitable giving that can be incorporated into your estate plan. They fall into one of two general...
New Hampshire is one of the best states to form a trust in. Trusts grant your estate several benefits for taxes that can affect your family for generations. Setting up a trust in New Hampshire is relatively easy. New Hampshire Trust Code describes five basic...
When Should You Notify the Beneficiary? No matter what it is that you are thinking of giving, it makes a lot of sense to be in touch with the organization when giving a major gift. For starters: the organizations like to know that they have a gift coming! While this...
Trusts are a useful and common form of estate planning, and they come in multiple forms. How do you know which one is right for you? Consider the differences between revocable and irrevocable trust. Definition of a trust A trust is a legal document similar to a will...
How to Include a Charity in Your Estate There are actually a number of different ways in this can be achieved however, the most basic option for a will or a trust is to simply designate a portion of your estate to a particular charity. This can be done in the form of...
When you think about where you want your assets to go after you die, you may also worry about choosing someone to talk to your beneficiaries and pay creditors. Part of crafting an estate plan is picking someone you trust to handle these important tasks. Think about...
Most people in Manchester who are working out their estate plan divide their estate evenly between their children. But you are not required to give your heirs equal portions of your wealth. Many people have reasons to leave less to one of their children -- or to...
