Seeking lawyer who pratices both NH and FL law.

DRH · 06-15-2010, 07:36 PM

Quote:

Originally Posted by RLW

Everyone appears to be answering to a WILL and I thought the question was on a TRUST. Aren't they really 2 different items???

Good point, RLW. I, for one, misread the original post.

upthesaukee · 06-15-2010, 10:13 PM

...normally will include a will, as well as powers of attorney, etc. If I remember correctly, our trusts are about 12 pages long.

Good pick-up RLW, however the points about different states and wills also applies to trusts: What is "legal" in one jurisdiction may not fly in another. By reviewing all legal documents periodically, and especially when changing jurisdictions will cost relatively short money to ensure that your trust or will is going to provide for your survivors and beneficiaries.

Lucky1 · 06-15-2010, 10:13 PM

Need both a will and a trust.

SIKSUKR · 06-16-2010, 09:52 AM

My trust is part of my will also.

Kings Bluff · 06-16-2010, 10:33 AM

Your current Will, if drafted correctly, may be sufficient. It would be worth having an attorney look at it to determine if it will be good in Florida and NH. Both states do have different requirements. Since I own property in both states the wills I draft meet the requirements for both states as well as the other 48. I would also suggest a Durable Power Of Attorney and a Living Will to take care of your health care decisions. The Trust would be the 4th document. If your estate is set up correctly you may be able to avoid probate. If I can be of any help please call me at 850-681-1010.
Jim Banks
www.banksandmorris.com
www.Winnipesaukeecam.com.

SIKSUKR · 06-17-2010, 08:27 AM

Quote:

Originally Posted by Kings Bluff

If your estate is set up correctly you may be able to avoid probate.

This was the main reason I set up a trust.

RLW · 06-17-2010, 04:26 PM

Quote:

Originally Posted by SIKSUKR

This was the main reason I set up a trust.

And maybe paying taxes and paying for nursing home care if needed out of the real estate monies.

RLW · 06-16-2010, 08:33 PM

Quote:

Originally Posted by Lucky1

Need both a will and a trust.

True, true. My lawyer checked between my state and NH and all he had to do was to file the trust (real estate) in both states (registry of deeds) and nothing else. The only reason for both states is that there is property in both states (again real estate) The will follows the person anywhere as it has nothing to do with what state your in. It deals with what you want to happen with your personal property etc.(not real estate if in trust) The state has nothing to do with it so my lawyer told me several times the last about 1 year ago. That's just my 2¢

Lucky1 · 06-16-2010, 10:21 PM

Currently a resident of FL so will end up doing what is needed for a Florida resident. Have not done these things so it is past time to get on with doing them!!

06-15-2010, 10:13 PM	#2
upthesaukee Senior Member Join Date: Jan 2003 Location: Alton Bay Posts: 5,604 Blog Entries: 2 Thanks: 2,469 Thanked 1,983 Times in 1,083 Posts	Part of a trust... ...normally will include a will, as well as powers of attorney, etc. If I remember correctly, our trusts are about 12 pages long. Good pick-up RLW, however the points about different states and wills also applies to trusts: What is "legal" in one jurisdiction may not fly in another. By reviewing all legal documents periodically, and especially when changing jurisdictions will cost relatively short money to ensure that your trust or will is going to provide for your survivors and beneficiaries. __________________ I Live Here... I am always UPTHESAUKEE !!!!

06-16-2010, 09:52 AM	#4
SIKSUKR Senior Member Join Date: Apr 2004 Posts: 5,075 Thanks: 215 Thanked 903 Times in 509 Posts	My trust is part of my will also. __________________ SIKSUKR

06-15-2010, 10:13 PM	#3
Lucky1 Senior Member Join Date: Oct 2009 Location: Moultonborough and FL Posts: 459 Thanks: 318 Thanked 123 Times in 53 Posts	Need both a will and a trust.

06-16-2010, 10:33 AM	#5
Kings Bluff Senior Member Join Date: Jan 2009 Location: Tallahassee, Florida Posts: 51 Thanks: 2 Thanked 16 Times in 11 Posts	Your current Will, if drafted correctly, may be sufficient. It would be worth having an attorney look at it to determine if it will be good in Florida and NH. Both states do have different requirements. Since I own property in both states the wills I draft meet the requirements for both states as well as the other 48. I would also suggest a Durable Power Of Attorney and a Living Will to take care of your health care decisions. The Trust would be the 4th document. If your estate is set up correctly you may be able to avoid probate. If I can be of any help please call me at 850-681-1010. Jim Banks www.banksandmorris.com www.Winnipesaukeecam.com.

The Following User Says Thank You to RLW For This Useful Post:
trfour (06-18-2010)

06-16-2010, 10:21 PM	#9
Lucky1 Senior Member Join Date: Oct 2009 Location: Moultonborough and FL Posts: 459 Thanks: 318 Thanked 123 Times in 53 Posts	Currently a resident of FL so will end up doing what is needed for a Florida resident. Have not done these things so it is past time to get on with doing them!!