Highlight In Legal New Hampshire Probate Forms For Free

Most individuals who create a living trust in New Hampshire do so to make life easier on their family after they die. In short, a living trust allows the your assets to be passed on without having to go through probate.

One of the most common ways to avoid probate is to create a living trust. Through a living trust, the person writing the trust (grantor) must "fund the trust" by putting the assets they choose into it. The grantor retains control over the trust's property until their death or incapacitation.

After a person dies, the state supervises the administration of his or her estate in a process called probate. New Hampshire does not require every estate to go through probate. Review the state's probate rules to inform your estate plans and ensure your executor can carry out your wishes as intended.

The probate process When someone dies, the executor must file the will with the county where the deceased person lived within 30 days along with the petition for probate. The court will review the will and determine its validity before granting permission for the executor to settle the estate.

While an attorney is not required to probate an estate, involving a lawyer minimizes the likelihood of inadvertent deviation from the fiduciary standard. All assets need to be identified and an inventory is provided to the Probate Court within a specific time frame of getting the Certificate of Appointment.

In New Hampshire, the following assets are subject to probate: Solely-owned property: Any asset that was solely owned by the deceased person with no designated beneficiary is subject to probate. This could include bank accounts, cars, houses, personal belongings, and business interests.