Many people think that estate planning only allows an individual to address the distribution of their assets when they die; however, that’s only one component of a comprehensive estate plan. Once you begin estate planning, you’ll also have to consider how your affairs...
Estate Planning
Avoiding common pitfalls in estate planning
Estate planning might seem like a task you want to complete in the distant future, but smart New Hampshire residents know better. Unfortunately, even the most well-intentioned people can stumble into common traps. These mistakes can unravel your plans, leaving your...
What estate planning tools to use for passing down land
Land can be one of the most significant property types you can pass down to your inheritors. Aside from their monetary value, land and other real estate assets can hold your and your family's legacy, making them a vital part of your estate. When dealing with these...
How to choose a guardian for your children
Deciding who will care for your children in the event of your untimely passing is one of the most significant decisions you will ever make. Many parents struggle with this decision, often delaying drafting their will because of it. However, to secure your children's...
What are the witness requirements for a valid New Hampshire will?
Drafting a will is an important step for many adults. The creation of a will can give someone peace of mind, as they no longer have to worry about what might happen to their loved ones if an emergency occurs. A will can name a guardian for their children and arrange...
3 ways people can prevent fighting over their estates
When people think about their legacies, they often imagine the positive impact that inheriting their resources could have on their loved ones. An inheritance might let someone pay off their mortgage, send their children to college or fully fund a retirement account....
What 2 advance directives can people draft in New Hampshire?
Some New Hampshire estate plans are quite simplistic. An individual drafts a will or possibly funds a trust. They count on their testamentary documents to control what happens to their property after their passing, and they do not engage in any additional planning....
Regular updates and reviews strengthen estate plans
Estate planning can be an uncomfortable process for most people. Many people find it unpleasant to think about a medical emergency or their possible future death. Once someone has drafted a will, trust documents and possibly living documents, they may take for granted...
Why some people don’t make estate plans
It could be argued that virtually everyone in the United States will eventually need an estate plan. It can be a useful tool for one’s family in many ways, helping them distribute assets, make medical decisions and otherwise cope with the incapacitation or death of...
How to pick someone to administer your estate
Of all the decisions you have to make when you’re putting your estate plans, together, one of the most significant may be deciding who should be your executor. This is the person who has to make certain that your estate is managed properly, in accordance with both the...