When New Hampshire real estate is sold in a typical transaction and ownership is transferred to the buyer, the seller has to pay Real Estate Transfer Tax (“RETT”). The buyer also has to pay RETT. If you have sold or bought real estate in New Hampshire, it is likely that you paid RETT. Under Chapter 78-B, $0.75 tax for … Read the rest
Archives for October 2018
A Mortgage is No Excuse to Be Without an Estate Plan
There are many benefits to having a properly drafted estate plan. These include knowing your family’s finances will not be frozen by the mandatory probate administration process. You can also make sure that your assets go to the people you want them to go to. If a person dies without an estate plan, their assets will be distributed according to … Read the rest