Intangible assets in a New Hampshire legacy plan are nonphysical rights and interests that may hold value for your family over time. Planning for these assets intentionally can help your loved ones manage, protect and benefit from what you built. Understanding...
A revocable trust holds property for your benefit during your lifetime. You can change or cancel it anytime while you are mentally capable. In most New Hampshire plans, you serve as trustee and keep control of the assets. Because the trust is revocable, it stays...
Attorney Ora Schwartzberg, Plymouth, NH A major concern of many of our clients is how to protect their children’s inheritance from a future divorce. If planned in advance, such protection can be incorporated into your Revocable Living Trust. One of the ways to offer...
When you pass away, your family may need to file documents with the Probate Court in order to claim their inheritance. Although having a Will is a good basic form of planning, a Will does not allow you to avoid probate. Instead, a Will simply lets you inform the...
Ora’s Legacy A Foreward by Ora Schwartzberg as featured in Stan Miller’s Your American Legacy I heard Stan speak at a WealthCounsel Symposium in Boston, in August of 2019. I had participated in other Symposium sessions and was quite satisfied with the subject matter...
Although leaving your hard-earned assets outright to your children, grandchildren, or other beneficiaries after you die may seem like the easiest and most desired form of distribution, this scheme will make their inheritance easy prey for creditors, predators, and...
Equality is a noble concept and one many people turn to when deciding how to divide up their estate. There are many circumstances in which equal distribution of assets among beneficiaries is the right choice, but there are some cases where identical inheritances do...
The Domestic Asset Protection Trust A domestic asset protection trust (DAPT) is a legal structure into which you (in your role as the grantor) transfer your accounts and/or property. Once transferred into the DAPT, the DAPT may offer protection from future lawsuits,...
Myth #1: If I need help paying my bills, I can just add my child to my bank account. Nothing bad will happen. False. When you add a child or anyone else to your bank account, you are making that person a co-owner of the account. Your child can pay bills using the...
Ideally, when someone passes away, the paperwork and material concerns associated with the deceased's passing are so seamlessly handled (thanks to excellent preparation) that they fade into the background, allowing the family and other loved ones to grieve and...