estate planning tips

Legal Documents of NH - Mesmer & Deleault, PLLC is pleased to announce the launch of our new website: www.legaldocsnh.com. Linked
to our existing website, Legal Documents of NH was established to help our clients easily purchase documents online. . .

The Nominee Trust - To help avoid probate, among other benefits, many people create revocable living trusts for their estate planning.

The Self-Proving Will - Years ago, all wills needed to be proved in the probate court. This means that after the maker of the will (the Testator)
died, one of the witnesses to the will would have to come to the probate court.

Medicaid Eligibility Rule Changes - Medicaid is the part of the Social Security system that pays for long-term care, such as nursing home care.

The New Health Care Power of Attorney - Many years ago, the Karen Quinlan case led to the Living Will. Karen was in a car crash, brain dead,
kept alive artificially by medical personnel.

Medicaid Planning - Long-term care in a nursing home or a hospice can be expensive. Usually costing more than $6,000 per month, this can
cost $70,000 to $100,000 or more per year.

The Family Limited Partnership - The family limited partnership (FLP) is an estate planning vehicle that can provide asset protection and tax
benefits.

The Living Trust Avoids Probate - In 1980, an estate planning consultant wrote How to Avoid Probate. Author Norman Dacey was not a lawyer
and he did not like the way some lawyers got big legal fees for probate work.

The Probate Process - In estate planning, there often arises this question: whether to try to avoid probate. Probate can be avoided by using the
revocable living trust. But what is it that people are trying to avoid?

Estate Planning Documents: Things you should know! - Regardless of the size of your estate, everyone needs to plan ahead with estate
planning documents. Estate planning documents include wills, revocable trusts, powers of attorney, living wills, and durable powers of attorney for
health care.

Advance Directives - Advance directives are estate planning tools that can provide instructions for certain lifetime contingencies.

Do you have a Will? Should it be updated? - Everyone should have a Will, regardless of the size of their estate. In your Will, you can name the
beneficiaries of your estate. Without a Will, your property passes according to State laws that might not be consistent with your intent. Your Will
names the person you would like to administer your estate, your executor (or executrix). Without a Will, the probate court will appoint someone,
possible someone you might not prefer.

Estate Planning Documents: Things you should know! - Regardless of the size of your estate, everyone needs to plan ahead with estate
planning documents. Estate planning documents include wills, revocable trusts, powers of attorney, living wills, and durable powers of attorney for
health care.

Irrevocable Insurance Trusts - Send your Kids a Crummey Letter - People who have revocable living trusts understand the unified credit
shelter. The trust provisions allow a couple to pass up to $1.2 million of property free from federal estate and gift taxes. But what if the estate is
worth more than $1.2 million?