An advance directive is one of the documents you need to draft and sign when estate planning. This document allows you to name a health care agent - someone whom you give power to make health care decisions for you if you become incapacitated. Here are three...
Life can be unpredictable, and there may come a time when you need someone to handle important matters for you. A power of attorney (POA) is a legal tool that makes that possible. It gives another person, called an agent, the right to act on your behalf in specific...
Estate administration can take months to complete and can be relatively costly. Probate proceedings delay the distribution of property to the beneficiaries of an estate. Typically, the personal representative of the estate must fulfill various estate administration...
Peace of mind, for you and your heirs, is often the ultimate goal of estate planning. You picture it securing your loved ones' futures, divided equally as a symbol of how much you care for them. What if your children envision that inheritance differently? How much...
Blended families may face unique challenges, especially regarding estate planning. If you are part of a blended family, you might face intricate decisions. Why estate planning for blended families can be complicated In a blended family, estate planning may become more...
Powers of attorney are some of the most important inclusions in modern estate plans. They protect people in situations where they cannot act on their own behalf. Principals drafting powers of attorney select people they know and trust to assume certain important roles...
It's essential to be clear about your wishes, especially when it comes to your living will. Also known as an advance directive, this document outlines your wishes about medical treatment if you become incapacitated and unable to communicate. A living will is legally...
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 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...
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...
