Creating an estate plan can be an intimidating process for the uninitiated. There are so many goals you likely want to include, and factors to consider, that is can be mind-boggling. In addition, unless you have some experience in estate planning, there are likely a number of terms and concepts that are completely foreign to you. The best way to learn more about estate planning terms and concepts, and how they apply to your estate, is to consult with your New Hampshire estate planning attorney; … [Read more...] about The Marital Deduction Explained
How Do I Protect My Minor Child in My Estate Plan?
Becoming a parent for the first time is, without a doubt, one of the most joyful occasions of your entire lifetime – it is also usually one of the scariest. To realize that a tiny little human being is completely dependent on you for everything really hammers the responsibility of parenthood home. If you recently became a parent, one thing you should do shortly thereafter is to review and revise your estate plan to include your child. As a parent, you undoubtedly want to protect your minor child … [Read more...] about How Do I Protect My Minor Child in My Estate Plan?
Basics of Estate Planning: Privacy and Estate Planning
Privacy is important, especially in today’s world. Learn how estate planning can enhance or reduce your privacy. Read on to find out more.Basics of Estate Planning: Privacy and Estate Planning … [Read more...] about Basics of Estate Planning: Privacy and Estate Planning
Can I Get Help with Nursing Home Costs in New Hampshire?
You undoubtedly know that it is important to plan for retirement in order to ensure that sufficient assets are available to live comfortably during your “Golden Years.” Hopefully, you also realize how important it is to plan for the high cost of nursing home care as well. The reality is that the average person cannot afford to pay for nursing home care out of pocket and cannot expect to get help from private insurance nor Medicare. The critical question then become “Can you get help with … [Read more...] about Can I Get Help with Nursing Home Costs in New Hampshire?
Federal Gift and Estate Tax Explained
When most people think about estate planning they think about making decisions regarding the distribution of their estate assets when they are gone. While that is certainly an important part of an estate plan, it shouldn’t be the only consideration when you create your estate plan. Among the other important considerations when you create an estate plan should be the impact federal gift and estate tax will have on your estate. What Is the Federal Gift and Estate Tax? The federal gift and … [Read more...] about Federal Gift and Estate Tax Explained
Navigating Massachusetts Probate
The death of a family member or loved one is typically followed by a period of grief and mourning. If you were named as the Executor in the decedent’s Last Will and Testament, however, it also means navigating Massachusetts probate. If this is your first time serving as the Executor of an estate (also referred to as a "Personal Representative"), you are likely feeling a bit overwhelmed at the prospect. The best decisions you can make right now is to consult with an experienced Massachusetts … [Read more...] about Navigating Massachusetts Probate
The Medicaid Look-Back Period Explained
About half of all seniors who need long-term care end up turning to Medicaid for help with the high cost of that care. When you consider the odds that you may one day need long-term care (LTC) coupled with the number of seniors who count on Medicaid for help with LTC expenses, you stand a good chance of needing to qualify for Medicaid yourself at some point down the road. If you failed to plan ahead for that possibility by incorporating Medicaid planning strategies into your estate plan, you may … [Read more...] about The Medicaid Look-Back Period Explained
How Long Does Probate Take?
If you find yourself involved in the probate of an estate for one of several reasons, and you have never been through the probate process before, you likely have a number of questions about the process itself and your role within the process. One of the most common questions people who are involved in the probate of an estate have is “how long does take?” Because the probate of an estate is such an individualized process, there is no way to provide a universal answer to that specific question. … [Read more...] about How Long Does Probate Take?
How to Contest a Will in New Hampshire
If you recently lost a loved one you are undoubtedly going through a grieving process that includes a number of heightened emotions. Not long after your loved one’s death, a Last Will and Testament may be submitted to the appropriate court to initiate the probate process. If you have reason to believe that the Will submitted for probate is not valid, you may be entitled to challenge the Will. In order to challenge the Will, you will need to know how to contest a Will in New Hampshire. Contesting … [Read more...] about How to Contest a Will in New Hampshire
When Do I Need an Asset Protection Attorney?
Creating a comprehensive estate plan requires you to do more than just decide how your assets should be distributed upon your death. It also requires you to protect those assets while you are alive so that they are still available to pass down upon your death. Unfortunately, many people are unaware of the numerous threats to their assets. Consequently, it does not occur to them to consult with an attorney about those threats. In order to avoid making that mistake yourself, you need to know when … [Read more...] about When Do I Need an Asset Protection Attorney?
