business succession plan

Many New Hampshire business owners commonly have not reviewed their estate planning documents with an attorney in many years nor have they developed a formal business succession plan. To avoid huge mistakes, business owners should take the time to ask the following pertinent questions: Do I have a will and/or…

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What Are Motivating Factors For Estate Planning And Business Planning? A recent client consultation touched on the “whys” of estate planning and business planning. As in, what do most people want to accomplish when they come in to our offices? Here is my unofficial “top five” list. 1. Incapacity planning…

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Purchase and Sales Agreement New Hampshire

Purchase and Sales Agreement The standard Purchase and Sales Agreement as prepared by the NH Association of REALTORS includes a section where the real estate, which is subject to the sale and purchase, is described. In that section, the Agreement defines the term “Property”. It is the only place where…

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NH Residential Purchase And Sales Agreements

The standard Purchase and Sales Agreement as prepared by the NH Association of REALTORS includes a standard section entitled “Due Diligence”. The purpose of the Due Diligence section of the Agreement is to give the Buyer an opportunity to review restrictive covenants of record, easements, condominium rules and the like.…

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close down the business

After many years in business, an S-Corporation with two employees and two shareholders/owners has decided to close down the business. It seems like a simple process. Closing a business is indeed a process; but in New Hampshire the process is not necessarily simple. First, to dissolve a business, it must…

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Nashua Car Accident Client

A personal injury plaintiff (i.e., someone injured by another person’s negligence) will have three basic categories of damages: medical bills, lost wages, and pain and suffering. And as explained in a previous blog, damages for pain and suffering are typically related to the amount of medical bills a person has…

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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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