New Hampshire Asset Protection Trust

Asset protection trusts are created for a variety of important estate planning purposes. Typically the primary purpose for using a trust has been for probate avoidance, minimizing taxation or providing for the management of property held for the benefit of certain beneficiaries. Planning opportunities in which the benefits of using…

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The treatment of money allocated to goodwill and non-compete agreement in business sales concerned a Nashua area small business owner. The business owner had been working with a business intermediary (business broker) to sell her business. The attorneys were brought in very late in the transaction. Until that time, for…

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Q: Estate planning client has concerns about whether her former spouse can still inherit her assets? A client had been through a divorce several years before coming to our office for a will, trust and some business transition strategy advice. During marriage she had built up a profitable business, and…

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Is an LLC a good way to hold and transfer the family vacation home? Since family vacation homes often provide a refuge for family members to gather and enjoy one another’s company, parents are often in search of ways to keep these properties in the family. Before implementing such planning,…

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Nashua business owner has concerns about how to avoid (or minimize) being “double taxed” when he sells his business that has been operated as a C-corporation Selling a business requires careful tax planning; especially where a business has operated as a closely held C corporation and the proposed structure of…

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This question was posed by a Nashua area probate client who recently lost a close friend. Unfortunately, his friend died without a will or any immediate family members. When a person dies owning property in his own name and has no Will, the property left behind must pass through probate…

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