Starting an estate plan may be something you would rather not contemplate. It seems especially unnecessary when you are young and healthy. However, establishing an estate plan sooner rather than later can provide numerous benefits and assure that your wishes are...
Estate Planning
Common mistakes people make when creating an estate plan
Whether you are a first-timer or updating an old estate plan, you want to ensure everything goes smoothly. However, it is easy to forget certain things. If you know common mistakes people make when estate planning, you will be less likely to make them. Here are some...
How can a special needs trust help your disabled child?
As the parent of a disabled child, you might worry about what will happen if and when your child outlives you. If your child requires lifelong care or support, what will happen when you are no longer around to provide it? One option is a special needs trust, also...
When should you update your estate plan?
If you have an estate plan in place that is great news. You have taken steps to prepare for the future. Still, it is a good idea to update that plan from time to time. This is especially true if you have experienced any major life changes. Make sure your estate plan...
Protecting your entire extended family with a will
Inheritance is a tricky subject. You want to ensure your loved ones receive what they deserve without causing strife or conflict within your family. Drafting a will is an excellent way to divide your resources fairly. New Hampshire does not have an estate tax, so it...
What is power of attorney?
Estate planning should include some documents that go into effect before you die. Having a power of attorney may not mean much to you now, but it should. A power of attorney document grants your legal decision to someone else. There are a few situations where you may...
3 key components every estate plan should have
Everyone benefits from having an estate plan, and you may feel especially inclined to make one if you recently had a child, got married or otherwise experienced a significant life event. Having even a basic estate plan offers many advantages, so do not feel as if...
Who needs a will?
A will is a legal document used to direct how to distribute a person's assets upon death. When a person without a will dies, the state decides how to distribute that person's assets. Who needs a will and who can get by without one? Married people Married people need a...
How does probate work in New Hampshire?
After a person dies, the state supervises the administration of his or her estate in a process called probate. New Hampshire does not require every estate to go through probate. Review the state's probate rules to inform your estate plans and ensure your executor can...
What Is Power of Attorney?
A power of attorney gives someone you trust legal permission to act on your behalf if you cannot manage financial matters. In New Hampshire, the Uniform Power of Attorney Act defines and governs this legal document. Learn more about why and how to use a New Hampshire...