Estate Planning in New Hampshire: A Comprehensive Guide

1. Legal Documents Used in Estate Planning

Estate planning in New Hampshire involves several key documents:

• Wills: Specify how your assets are distributed and appoint guardians for minor children.
• Trusts: Protect and manage assets for beneficiaries.
• Powers of Attorney: Designate someone to handle financial and legal matters on your behalf if incapacitated.
• Healthcare Directives: Outline medical preferences, including end-of-life care.
• State-Specific Documents: Ensure compliance with New Hampshire laws, such as unique property transfer forms.

2. Remote Online Notarization (RON)

New Hampshire permits Remote Online Notarization (RON) for estate planning documents, provided the following conditions are met:

• Both the notary and signer must be physically located within the United States.
• A secure video conferencing platform must be used for the notarization process.
• Electronic signatures and records must comply with state requirements.

3. Guardianship Assignment

Assigning guardianship in New Hampshire involves legal considerations to ensure minor children or incapacitated individuals are cared for:

• Guardians can be designated in your will or through court proceedings.
• The probate court will review and approve the guardian to ensure suitability.
• Backup guardians are advisable for added security.

4. Inheritance for Foreigners

Non-residents and foreigners can inherit assets in New Hampshire, but they should be aware of:

• Federal estate taxes applicable to non-citizens.
• Legal complexities when transferring property internationally.
• The need for professional guidance to navigate cross-border inheritance laws.

5. Probate Rules and Costs

The probate process in New Hampshire validates wills and oversees asset distribution. Key details include:

• Probate duration ranges from 6 to 12 months.
• Costs include court fees, attorney fees, and administrative expenses, averaging 3–7% of the estate’s value.
• Small estates may qualify for simplified procedures.

6. Legal and Professional Costs

Estate planning costs in New Hampshire typically include:

• Attorney Fees: $1,500–$4,000 depending on complexity.
• Notary Services: $5–$20 per document for in-person services, and $25–$50 for RON.

7. Unique State Laws

New Hampshire has unique laws influencing estate planning:

• Homestead Exemption: Protects a portion of your primary residence from creditors.
• No State Estate Tax: Simplifies inheritance tax planning.

8. Introduction to Ethical Wills

An ethical will enables you to pass on your values, beliefs, and life lessons alongside material possessions. The Wills App simplifies the process by allowing you to:

• Record video messages for loved ones.
• Share personal anecdotes and family traditions.
• Ensure your legacy extends beyond assets.

9. The Wills App for Estate Planning Automation

The Wills App offers cutting-edge solutions for estate planning:

• Vault Storage: Securely store essential documents.
• Automated Distribution: Ensure assets are delivered to the right beneficiaries.
• Wellness Checks: Confirm status before executing plans.
• Cross-Border Functionality: Simplify estate planning across states and countries.
• Long-Term Peace of Mind: Maintain control over your legacy for decades.

10. Practical Storage Advice

Ensure your estate planning documents are safely stored:

• Use a fireproof and waterproof safe.
• Share safe deposit box access with trusted individuals.
• Leverage digital backups via the Wills App.

11. Call to Action

Take control of your legacy today. Download the Wills App from Wills.com and simplify your estate planning process.