estate planning

Effective January 1, 2018, NH adopted a version of the Uniform Power of Attorney Act. One of the more important provisions under the new law is that banks and financial institutions are prevented from arbitrarily refusing to accept powers of attorney. Bank and investment company refusals to accept powers of…

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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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Will-Testament-Welts-White-Fontaine-Nashua-NH-210x150

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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