How Important is Your Privacy??

A little-known fact is that a Will becomes public record when someone dies and its filed with the court. Anyone can look it up. Seriously. Try it. You can go and pull up Babe Ruth’s Will if you know where to look. Perhaps this is how after his death there was a rise of fake […]

When is the reading of the Will?

Never. The reading of the Will is a Hollywood fiction and a dramatic plot twist in many novels. However, today there is no gathering of the family in the lawyer’s oak filled and dusty library to discuss the final wishes of the family’s loved one. There is no morbid meeting of the decedent speaking to […]

Have You Considered Your Digital Assets in Your Estate Plan?

What digital assets you say? We don’t always consider that we have such things but most of us do. Your email account, for example. Do you get invoices via email? How will your Agent under a Power of Attorney even know about a bill that has to be paid if that Agent cannot access your […]

Child Going Away To College? Don’t Forget the Student’s Healthcare Documents!

Every year, we offer a simple plan for college students. Once your child turns 18, you are no longer the legal guardian and, depending on the state the college is in, you may not only have no say in his or her medical treatment, you may not even be able to get any information whatsoever […]

Do you Own Real Estate in States Other Than New Hampshire? Beware Probate costs!!

Most people do not realize that their estate might have to be probated more than once: once in New Hampshire because they are New Hampshire residents and once again in Massachusetts, Florida, Arizona or wherever they may own real estate. Some of those states can have very expensive Probate costs. Florida law, for example, allows […]

IRA Beneficiary Trusts

A properly drafted standard revocable trust can be the beneficiary of an IRA- the key words being”properly drafted”. Using a trust as the beneficiary can be very helpful if the Grantor is concerned about asset protection for his or her beneficiaries. The US Supreme Court has ruled that, unlike normal IRA Beneficiary Trusts, inherited IRAs […]

The Family Vacation Home in Estate Planning

As the season for enjoying our lake or beach property is winding down, the issue of dealing with those properties in an estate plan may arise. The family vacation home is sometimes a very tough estate planning challenge. This is especially true when the beach or lake home has been in the family for years, […]

Saving for College or How to Use a Section 529 Plan in Estate Planning

A Section 529 Plan (named for the Internal Revenue Code establishing these accounts) may be a great way to not only help your children or grandchildren with their education but also could be a great estate planning tool. With a 529 plan, you initially fund it with a “gift.” The plan will have a named […]

Make this Estate Planning Move Right Now: Check your Beneficiary Designations

Market Watch recently had an interesting article listing six “”Horror Stories” about beneficiary designations. Often overlooked in estate planning, beneficiary designations can be an extremely important planning tool- or a “Horror Story.” The article can be found HERE. We recommend that all designations be reviewed with your estate planning attorney. This includes IRAs, 401(k)s, 403(b)s, brokerage accounts, life insurance policies, annuities […]

Estate Plan: The Biggest Mistakes to Avoid

Mistakes to avoid in an Estate Plan An estate plan is not something most people want to spend time on when thinking about the inevitable—our own mortality. If you don’t, however, you may be leaving a mess for your loved ones. It is not enough to just “make a plan.” It is important to make […]