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Estate Planning

You’re wise to be thinking about estate planning now -- your family will benefit greatly from your foresight!  Although you know the value of estate planning, it’s hard to know where to begin.  You may not know all of the options available to you, or be aware of the various laws governing estate planning in Londonderry, Derry or Salem.

We are experienced estate planners for Londonderry, Derry and Salem, and we can help you with:

  • Wills
  • Trusts
  • Avoiding probate
  • Special needs trusts
  • Power of attorney
  • Living wills
  • Insurance trusts
  • Full service estate tax planning
  • Family foundations
  • Family limited partnerships
  • Charitable trusts and charitable remainder trusts
  • Long term care planning

An estate is your total property, real and personal, prior to distribution through a trust or will.  Real property is real estate, and personal property includes everything else -- for example, cars, household items, and bank accounts.  Estate planning distributes the real and personal property to your heirs.

Estate planning is the process by which you or your family arrange the transfer of assets in anticipation of death.  An estate plan aims to preserve the maximum amount of wealth possible for your intended beneficiaries and flexibility for you prior to death.  A major concern for drafters of estate plans is federal and state tax law.

Wills and trusts are common ways in which you may dispose of your wealth.  Trusts, unlike wills, have the benefit of avoiding probate, a lengthy and costly legal process that oversees the transfer of assets.  Sometimes, though, it will be useful to make gifts while you are alive in order to minimize taxes.  The Federal Gift Tax exempts certain levels of lifetime gifts.

There are many ways to protect and control your home and assets now and after your death.  Doing so can save you and your family unnecessary taxes, fees, delays, arguments, and headaches.  We know how the system works intimately -- we’ll consider your financial situation and lifestyle and make a recommendation that’s just right for you.  We’ll then handle all of the details for you, resulting in a complete, cost-effective, and customized estate plan.  Don’t put this off!  Call us today at (603) 434-3426 or have us contact you. Your planning today can make a world of difference in the future.