• NHTrust Financial Advisors
  • MeredithVillage Savings Bank
  • MerrimackCounty Savings Bank
  • Savings Bank ofWalpole
  • New HampshireMutual Bancorp
  • Contact Us
  • Locations

Meredith Village Savings Bank

Meredith Village Savings Bank
  • Personal
        • Branch Management Team
        • Checking
          • Checking
          • Checking
          • Order Checks
          • $5 Allowance
          • Schedule of Fees
        • Savings, Money Markets, CDs & IRAs
        • Health Savings Accounts
        • Overdraft Programs
          • Overdraft Programs
          • Overdraft Programs
          • CheckReserve Line of Credit
          • Courtesy Pay
        • Deposit Rates
        • Online, Mobile & Telephone Banking
          • Online, Mobile & Telephone Banking
          • Online, Mobile & Telephone Banking
          • Telephone Banking Guide
        • Home Lending
          • Home Lending
          • Home Lending
          • Home Equity Lines & Loans
          • Mortgage Lending Specialists
          • Home Buying Road Map
          • Mortgage Assistance Programs
          • First Time Homebuyers
          • Home Lending Rates
          • Local Realtors
          • Reverse Mortgages
        • Personal Lending
          • Personal Lending
          • Apply Now
          • Personal Lending
          • Personal Lending Rates
          • Credit Cards
        • GenGold Savings & Identity Theft Program
          • GenGold Savings & Identity Theft Program
          • GenGold Savings & Identity Theft Program
          • Local GenGold Partners
          • Newsletters
        • Safe Deposit Boxes
  • Business
        • Business Team
        • Checking & Savings
          • Checking & Savings
          • Checking & Savings
          • Deposit Rates
        • Lending
          • Lending
          • Lending
          • Business Credit Cards
          • Commercial Loan Meeting Checklist
          • Business Plan
          • Loan Application Form
        • Online, Mobile & Telephone Banking
          • Online, Mobile & Telephone Banking
          • Online, Mobile & Telephone Banking
          • Telephone Banking Guide
        • Expanded Business Solutions
        • GenGold® Business Partner Program
  • Resources
        • Financial Education
        • Calculators
          • Calculators
          • College Savings Calculator
          • Loan Calculator
          • Mortgage Calculators
          • Retirement Calculator
          • Savings Calculator
        • Routing Number
        • Newsletter
  • About
        • Careers
        • Community Involvement
          • Community Involvement
          • Community Involvement
          • Fund Application
        • Directors
        • History
        • Leadership
        • Privacy & Security
          • Privacy & Security
          • Privacy & Security
          • Privacy Notice
        • Statement of Condition
        • Values
        • Locations

Financial Education Center

Financial Education Center > Getting Ready To Retire / Retired
Estate Planning Considerations
  • Introduction
  • Basic Estate Planning Documents
  • Estate and Gift Taxes
  • State Death Taxes and Gift Tax
  • Estate Planning Strategies
  • Taxation of Your Retirement Plan Assets

Introduction

Estate planning is a critical part of your overall personal financial plan. Estate planning, simply put, is the collection of steps you need to take to make sure that your loved ones are provided for in the best possible way, including lifetime planning and disposition of your property, at death.

  • Connect with a Financial Advisor

Estate planning is carried out with legal documents such as wills and trusts, typically involves a lawyer, and may be very complicated if you have a lot of assets. However, every estate plan should start at the same point. You will have to decide who needs your financial support after you die, and how you want to protect them. As difficult as it is to sit down and plan for the day you die, it's essential, and a real show of love for your family and friends.

Estate planning lets you be the decision maker, even after your death. If you don't make certain decisions and set them forth in your will, the courts in your state will make these decisions for you. So, if you want to decide how your financial affairs will be settled, you must have an estate plan.

You need to know what basic planning documents will be required. A big part of estate planning for many people is making arrangements so that estate and gift taxes are kept to a minimum. State taxes may also be a factor, depending on where you live. There are a number of estate planning strategies that you can follow to maximize the amount of your estate and ensure that it is distributed according to your wishes. Your retirement plan assets are part of your estate, and you need to make provisions for how they are distributed as well.

  • Next
Share Article:
Add to Facebook Add to Twitter Add to LinkedIn Add to GooglePlus

Not FDIC Insured Not Bank Guaranteed May Lose Value
Not a Bank Deposit Not Insured by Any Federal Government Agency

Meeting with NHTrust Team is without obligation or cost.

NHTrust is a trade name of the New Hampshire Trust and Wealth Management Company. Brokerage services are offered through INFINEX INVESTMENTS, INC., Member of FINRA/SIPC. Investment and insurance products are subject to investment risk, including the possible loss of value. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. Infinex and NHTrust are not affiliated.

Find Someone To Help
  • Connect with a Financial Advisor
Free Quick Guides
  • Wills, Trusts & Probate
  • Understanding Estate Taxes
  • Additional Guides
Your Financial Checklist
  • Create Checklist

24 NH Route 25
PO Box 177
Meredith, NH 03253
603.279.7986
800.922.6872
Telephone Banking: 800.394.8769
NMLS#466022

© 2020 Truebridge, Inc.

  • Personal
    • Branch Management Team
    • Checking
    • Savings, Money Markets, CDs & IRAs
    • Health Savings Accounts
    • Overdraft Programs
    • Deposit Rates
    • Online, Mobile & Telephone Banking
    • Home Lending
    • Personal Lending
    • GenGold Savings & Identity Theft Program
    • Safe Deposit Boxes
  • Business
    • Business Team
    • Checking & Savings
    • Lending
    • Online, Mobile & Telephone Banking
    • Expanded Business Solutions
    • GenGold® Business Partner Program
  • Resources
    • Financial Education
    • Calculators
    • Routing Number
    • Newsletter
  • About
    • Careers
    • Community Involvement
    • Directors
    • History
    • Leadership
    • Privacy & Security
    • Statement of Condition
    • Values
    • Locations
Faceook Twitter LinkedIn
  • Personal
    • Branch Management Team
    • Checking
    • Savings, Money Markets, CDs & IRAs
    • Overdraft Programs
    • Deposit Rates
    • Online, Mobile & Telephone Banking
    • Home Lending
    • Personal Lending
    • GenGold Savings & Identity Theft Program
    • Safe Deposit Boxes
  • Business
    • Business Team
    • Checking & Savings
    • Lending
    • Online, Mobile & Telephone Banking
    • Services
    • GenGold Business Partner Program
  • Resources
    • Financial Education
    • Calculators
    • Routing Number
    • Newsletter
  • About
    • Careers
    • Community Involvement
    • Directors
    • History
    • Leadership
    • Locations
    • Privacy & Security
    • Statement of Condition
    • Values
  • Contact Us
  • NHTrust Financial Advisors
  • MeredithVillage Savings Bank
  • MerrimackCounty Savings Bank
  • Savings Bank ofWalpole
  • New HampshireMutual Bancorp