Estate Planning
- Proper Estate Planning enables you to:
- Designate who handles your financial affairs
- Designate who makes medical decisions for yourself;
- Express your wish concerning sustaining your life by artificial means;
- Pass your assets to the people or organizations you wish to benefit after your death;
- Nominate Guardian(s) for your minor children and yourself;
- Minimize estate taxes.
- Estate Planning involves the use of several or all of the following documents:
- Durable General Powers of Attorney;
- Durable Powers of Attorney for Health Care;
- Living Will;
- Nomination of Guardian;
- Wills;
- Trusts.
- In addition to using wills and trusts, there are several ways in which you may pass property to
a designated beneficiary, including:
- Lifetime gifts;
- Joint accounts;
- In trust for, payable on death, or transfer on death accounts;
- Beneficiary designations;
- Life estates.
Follow this link for Making Medical Decisions for Someone Else - A NH Handbook http://www.nhbar.org/uploads/pdf/MedicalDecisionsHandbook.pdf