At Sowerby & Moustakis Law, we help individuals and families in New Hampshire protect their assets, make informed legal decisions, and minimize unnecessary court involvement after a loved one passes. 

One of the most important steps in securing your legacy is understanding how estate planning and probate function—and why having a plan in place can save your family significant time, stress, and expense.

Without proper estate planning, the probate court steps in to make decisions about your assets. This process can be long, costly, and public. However, a comprehensive estate plan ensures your wishes are legally documented, your loved ones are taken care of, and the transition of your estate happens smoothly. 

Estate Planning: Protecting Your Assets and Your Loved Ones

Estate planning is the legal process of arranging the management and distribution of your assets after you pass away or become incapacitated. Instead of leaving your family to navigate a complex court process, an estate plan ensures your wishes are carried out efficiently and with minimal legal intervention.

A strong estate plan typically includes the following legal documents:

• Last Will and Testament: A will outlines how your assets should be distributed upon your death. It allows you to name beneficiaries for specific possessions, designate an executor to oversee the process, and even appoint guardians for minor children. However, a will does not avoid probate—it simply provides instructions the court will follow.
• Revocable Living Trust: A trust places assets in a legal entity that holds them for your beneficiaries. Unlike a will, a properly funded trust allows assets to pass to heirs without going through probate, keeping the process private and reducing delays. You also maintain control over your assets during your lifetime and can specify conditions for their distribution.
• Durable Power of Attorney (POA): This document designates someone to handle financial matters on your behalf if you become incapacitated. Without a POA, your loved ones may have to go through a court process to gain access to your accounts or make financial decisions.
• Advance Healthcare Directive (Living Will & Healthcare POA): An advance directive outlines your medical preferences in case you cannot communicate them yourself. It also allows you to designate a healthcare proxy—someone you trust to make medical decisions on your behalf.
• Beneficiary Designations & Transfer-on-Death (TOD) Accounts: Certain assets, such as retirement accounts, life insurance policies, and bank accounts, allow you to name a direct beneficiary. These assets bypass probate and transfer automatically upon your passing.

An effective estate plan is about more than just legal documents—it’s about protecting your loved ones from unnecessary legal battles, preserving your assets, and ensuring your wishes are honored.

Probate: What Happens Without a Plan?

Probate is the court-supervised process of distributing a deceased person’s assets when no valid estate plan is in place—or when assets are not properly transferred into a trust. Even if you have a will, probate is often still required to legally transfer ownership of your property.

Here’s what happens during probate:

• The court verifies the will (if one exists) and ensures it is legally valid.
• An executor or administrator is appointed to handle the estate. If no will exists, the court appoints someone to distribute assets according to New Hampshire’s intestate succession laws.
• Creditors and outstanding debts are settled before any remaining assets can be distributed to beneficiaries.
• The remaining assets are distributed to heirs or beneficiaries, following either the instructions in the will or state law if no will exists.

Probate can present problems, however:

• Time-consuming: Probate can take months or even years to finalize, delaying asset distribution to heirs.
• Cost: Court fees, legal expenses, and executor costs can significantly reduce the estate’s value.
• Public: Probate records are public, meaning anyone can access information about the estate’s value and beneficiaries.

For families dealing with grief, probate can be an added burden—one that proper estate planning can help them avoid.

Take Action Now to Secure Your Legacy

You have a choice: Plan ahead and ensure a smooth transition for your family, or leave the process up to the courts. 

At Sowerby & Moustakis Law, we help New Hampshire families build solid estate plans that minimize probate, reduce legal costs, and protect their loved ones.

Don’t wait until it’s too late. Contact us right now to start your estate planning journey and keep control of your legacy.