Understanding Probating An Estate In Massachusetts
Administering an estate through the Probate Court is a lengthy and complicated process. Filing a Probate of an estate requires a thorough understanding of the decedent’s estate before anything else can be done. Many variables must be considered before determining what type of estate administration is necessary for a particular matter. Every person’s estate is unique to them. There are a few questions you should ask to determine this:
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Is there a need to Probate the decedent’s estate?
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If so, what type of administration is required?
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What are the assets and debts?
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Is there a will, and is it a valid will?
Preparing the Forms
If a mountain of forms isn’t required, is it a court case? The same is true here; many forms must be filed with the Probate Court. The trick is to know which ones to file in your specific situation. Most people who try to handle it themselves end up costing themselves and the beneficiaries a lot of time and money. When it comes to administering a loved one’s estate, not working with an attorney can have many unintended consequences.
The Big Picture
Most non-attorneys mean well but need to be appropriately versed in estate administration. Those who are asked to do it aren’t aware of the challenges that this duty comes with, including the fact that emotions run high. Long-dormant family issues have a way of reappearing, which leads to lots of hard feelings and anxiety. Non-attorneys don’t expect these emotions and the scrutiny from other family members to pop up. Their lack of knowledge about legal and tax-related matters will impact how much money beneficiaries will get.
Estate Administration Documents To Have In Massachusetts
During estate administration, several types of information are required: the decedent’s place and date of death, along with the names and addresses of beneficiaries, heirs at law, and trustees of any beneficiary trusts. Additionally, minor beneficiaries' birth dates and the name and contact details of the petitioner and their attorney are needed. An inventory of all the decedent’s assets, the approximate value of the probate assets, and any outstanding debts must also be provided.
How Long Does Probate Take On The North Shore, MA?
To close probate, the executor or administrator must prepare a final accounting for the court that details all assets, payments, and distributions. Once this accounting is reviewed, the probate court will officially declare the estate closed. In Massachusetts, this process typically takes 9-12 months for a routine estate and is supervised by the probate court in each county to make sure proper administration. It is advisable for anyone serving as an executor or administrator to consult with a local probate attorney, like Andrew Bucklin, to navigate the process effectively.
Contact Attorney Bucklin Today For Estate Administration In Boston, MA
Additionally, the court requires documents for more specific circumstances. Assembling the above documents and making sure everything's in order can be tricky. Attorney Andrew Bucklin can walk you through all of the steps of the process, helping you ensure that everything is accounted for. For the best representation in Massachusetts, contact Attorney Bucklin today. Give him a call at 781-632-8675 to get started.