Which Assets Will Go Through Probate

Nashua Estate Planning Client Asks One of the key questions to address during any discussion about estate planning and probate is to understand the difference between probate and non-probate assets. Probate is the process through which a court determines how to distribute someone’s property after they die. Assets that are…

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Daycare Injury Lawsuits In New Hampshire

Everyone knows that kids are magnets for bumps and bruises. Most of the time a child gets injured, it is nobody’s fault: just the product of an uncoordinated and accident-prone young person. Injuries, however, are especially concerning when they occur outside the parents’ presence. More and more households include both…

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Revocable trusts are common estate planning tools in New Hampshire. The trust is established by someone known as a “grantor” (i.e. the person who transfers assets into the trust) and in most instances is also a beneficiary of the trust. When the grantor dies, the trust does not automatically terminate.…

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It’s a common occurrence: one driver yields the right of way and waves another driver into traffic. Most of the time, the first motorist is doing a favor to the second driver by allowing them to go. And most of the time, the act is greatly appreciated. It is even…

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business succession planning

Nashua Business Owner Has Questions The Covid-19 pandemic has created a new sense of urgency in the local business community to implement or update their business succession plans.  A comprehensive business succession plan will increase the chances that a business will survive the retirement, disability, or death of its owner.…

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Estate-Planning-New-Hampshire-225x150

Assuming life insurance proceeds are excluded from her estate.  Many clients believe that insurance proceeds are tax-free.  That is correct as far as income taxes are concerned, but not for estate taxes.  The reality is that the proceeds of all life insurance policies owned by you are included in your…

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