If you are responsible for your loved one's estate, you could have a number of questions. However, it is especially important to handle estate taxes properly if you need to to file an estate tax return. In Massachusetts, estates worth more than $1 million must pay...
Albanese Law, LLC
Understanding the Massachusetts probate process
When planning your estate, you should understand the factors that govern probate in Massachusetts. Probate is the court-approved process of settling your final expenses, taxes and debts along with distributing property to your heirs. Review these probate...
How should you tackle estate plan review?
Your estate plan has many different parts to it. Because of this, the idea of doing a full review may seem like an enormous feat. This is especially true if you plan on taking expert advice and doing a review every 3 years. Fortunately, you do not have to review every...
Choosing the right estate administrator is important
Making end of life decisions is usually not on the top of most people’s to-do lists. However, it is important for people to decide how to divide up their estate and distribute assets. One part of estate planning is to name an estate administrator. This person carries...
How do conservatorships work?
When a person is having trouble in administering his or her property and assets, it is normal for the court to set up a conservator. Typically, what a conservator does is that he or she has the legal responsibility to manage another person’s affairs, which can be...
What to consider when making a will
For some, writing a will can be a daunting yet necessary task and can lead to several unanswered questions. A person might be unfamiliar with where to begin and also, what to include in the will and how the process will evolve over time. All of these are important...
Removing the mystery from probate
For many people in Massachusetts, the death of a loved one may leave many unanswered questions. However, what happens during probate does not have to be part of the mystery. While much of what goes on during probate and estate administration occurs behind the scenes,...
Is estate planning important for those without children?
Many people here in Massachusetts realize how vital it is to have an estate plan. It is important to be sure assets are distributed in the way the estate owner wants, and to have directives in place if that individual is unable to make his or her own financial...
Why is probate taking so long?
The days and weeks following the death of a loved one can be emotional. Family members are often busy preparing, supporting each other and dealing with the practical matters, such as funeral plans. Soon enough, however, they must deal with the Massachusetts estate of...
What is the role of your successor trustee?
Answering that question could help you choose who you would like to fulfill that role. When you started estate planning, you probably discovered that having a revocable living trust would greatly benefit you and your family. You serve as the trustee and still use and...
