If you think about your estate plan as a way for you to pass on gifts to your loved ones, have you considered whether or not they may be eligible or responsible enough to take on these significant assets? A recent study finds that the majority of Americans who may receive an inheritance in the coming years don't have the ability to handle it. New York Life's Wealth Watch Survey found that only 42% of adults Read More
What If Your Kids Don’t Want Your Belongings?
In the estate planning process, you'll handle big picture items such as homes, retirement accounts, life insurance policy, designations and other big assets like vehicles. However, even if you want your children to inherit all of your treasured possessions, this does not always mean that your children want to receive them or will handle these assets in the way in which you intend. Treasured collections are Read More
Can I Put Restrictions On An Inheritance?
You may be thinking carefully about the legacy you wish to leave behind for your loved ones, and the unique considerations of your family dynamics and your individual beneficiaries. This raises plenty of questions, including whether or not you can place restrictions on an inheritance left behind for loved ones. Anyone who is on the receiving end of an inheritance should clearly read the fine print of the will or Read More
Will I Automatically Inherit My Husband’s House?
With no New Hampshire estate plan in place, your family could be exposed to serious issues with housing. Depending on how the home is owned and deeded, it might become a thorny part of your NH probate. Many people cannot afford to make estate planning mistakes that would jeopardize their ability to let their loved ones move on during this very difficult time. This is where the support and experience of a Read More
