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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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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estate planning

We recently had a Nashua business owner voice concerns about how to avoid “business probate". There are a variety of methods of providing a smooth non-probate succession for small business owners.If there are multiple owners, then there should be buy-sell agreements embedded in the governing documents: LLC Operating Agreement; Shareholder…

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Nashua business planning client owning several rental properties has concerns regarding being caught in New Hampshire’s real estate transfer tax (RETT) net. Can property be transferred from a joint tenancy with rights of survivorship to a newly created LLC for added liability protection and administrative ease? Can real estate held…

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“I’m too busy running the company” - “That’ll never happen to me” Some all too common refrains uttered by hard working business owners are: “I’m too busy running the company” and “That’ll never happen to me.” In our firm’s estate planning/business planning practice it is evident that most New Hampshire…

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