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What is meant by probate in Massachusetts? Probate is the legal process that takes place after someone dies in which that person’s assets are paid out to beneficiaries according to the deceased person’s will or through intestacy rules if there is no will. Debts and...
The older most people are, the more likely they are to be wealthier than when they were young. Owning more wealth has its own problems, one of which is the worry about what to do with any wealth when you pass away. A real estate attorney can help you to prepare an...
Why you should plan your estate? A surprising number of people don’t bother planning what to do about the assets they own when they pass away. Not leaving a will or other means of determining how your assets should be distributed may not concern you if you have...
When someone dies in Massachusetts, any assets that the deceased owns must be distributed according to the wishes of that person. If there is a will, then the assets are eventually distributed according to the instructions in the will, minus debts owed to creditors,...
In a previous blog post, we had discussed the differences between informal and formal probate and delved into the nuances of informal probate in the state of Massachusetts. As a beneficiary, heir, or executor to a decedent, it is important for you to know if and when...
Probate is the legal process to settle a person’s assets after their death to ensure that their will is valid. These assets include bank funds, investment accounts, homes, and properties, plus assets like cars, boats and businesses. However, it is essential to...
Probate is the legal process that a deceased person's estate must go through to pass the decedent's probatable assets on to their descendants or, preferably, their named beneficiaries. Probate can be time-consuming and expensive and can significantly delay...
Probate, which is the legal process for distributing the deceased’s property after his or her death, has a reputation in Massachusetts for its long duration. But is this always the case? If not, then how long does it take to probate a will in the state of...
Losing a loved is a traumatizing and life-changing event. Not only should you deal with unbearable grief and sadness, but also handle the legal aspects pertaining to transferring property and ownership after the death of your loved one (unless you are represented by a...