Crafting an estate plan involves taking several steps to cover many different areas ranging from financial matters to health care. Individuals who attempt to explore estate planning steps could make things easier when death or other catastrophic events occur. Be...
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Month: November 2018
Does New Hampshire have auto insurance requirements?
Drivers who take to New Hampshire roads should follow the rules and do their best to avoid accidents. Unfortunately, accidents and mishaps can still occur no matter how proficient you are at driving. Insurance companies might provide coverage to address a multitude of...
Estate planning for millennials
Many people think that estate planning is simply for retirees or individuals that face health issues. Nevertheless, everyone should evaluate their estate needs, especially if they have assets to distribute after their death. Millennials in New Hampshire and elsewhere...
Choosing a business structure as an entrepreneur
If you are launching your own business, you may realize that is a tedious process full of legalities. One of the most important legal steps you will take is choosing the business structure that you will operate under. Entrepreneurs in New Hampshire should educate...
The importance of beneficiary designations
A man forgetting that his first wife’s name was left as a beneficiary to a retirement account is an easy mistake to make. His second wife, who was still married to him at the time of his death, expects to receive the money from her husband’s 401(k), but it went to his...
Who is the right beneficiary?
Estate planning commonly involves making sure a deceased person's assets go to the intended beneficiaries. There might be other directives present in the will, but the general purpose of a will usually involves distributing assets to the intended beneficiary. The same...
What should you consider when including your house in your will?
Most people in New Hampshire think of an estate plan as a way to pass along their wealth when they die. Passing along your money is a big part of estate planning, but you'll also have to consider properties like houses and vehicles. Who do you want to live in your...
Estate planning includes funding a trust
Creating an estate plan is one of the most responsible things that anyone can do. New Hampshire residents who want to ensure that their wishes are met after their incapacitation or death regarding their own care take the step of including a living trust in the plan....
The hazards of driving in the autumn
With the arrival of autumn in New Hampshire, drivers may be able to take in some beautiful scenery, but this should not blind them to the dangers that arise. For example, it's around autumn time that more wild animals come out. The Insurance Institute for Highway...
Charitable trusts and estate planning
Many wealthy people in New Hampshire want to make a positive impact on the world. One of the ways to do that is via a charitable trust. Another positive benefit of charitable trusts is that they offer great tax benefits, which is one reason they often feature heavily...