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Estate Administration and Probate Archives

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 control your assets, which includes putting assets in and taking them out when necessary.

How are a health care proxy and a living will different?

Estate planning documents guide not only what happens after you pass on, but also direct what occurs if you become incapacitated. Though it is unpleasant to imagine such scenarios, it is far worse to wind up in such a situation with no plans made to handle it.

Early distribution a mistake during estate administration

Being the executor of a Massachusetts estate is a major responsibility. This person will need to proficiently settle the estate's final affairs while also trying to mitigate the potential conflicts that could arise with surviving family members. Often, it is the assets that cause the most contention during estate administration.

Executors need to be willing to complete the probate process

People with certain qualities suit particular roles better than others. Because of this fact, it is important to consider an individual's personality and strengths before choosing him or her to take on an important position, like executor of an estate in Massachusetts. The executor will have a considerable amount of responsibility when it comes to the probate process.

Estate administration involves responsibility and obligations

The loss of a loved one can quickly take its toll on surviving family members. Some parties may want to -- and have the ability to -- put their lives on hold temporarily in order to grieve. Others, however, may not have that chance, especially someone acting as executor attending to estate administration in Massachusetts.

Addressing assets during probate means looking at online accounts

Executors of estates often find themselves in thankless roles. Often, they have to bear the brunt of any disgruntled relatives or beneficiaries while also working to close the estate as efficiently as possible. One of their duties includes gathering and protecting the decedents' assets, and this step also needs to include addressing digital assets.

What happens to validate a will and start the probate process?

A number of tasks need to be completed before a recently deceased person's affairs can be settled. These tasks usually take place during the probate process, which many Massachusetts residents may not have much information about. In particular, one of the first steps that needs taking is having the will validated by the court.

Estate administration and social media

The internet has become much more than a form of entertainment over the years. In addition to individuals sharing the things that they like and their experiences online, many businesses rely on social media to advertise. Some people, as many Massachusetts residents may already know, even make a living posting on social media through the support of sponsors. More and more people are also paying bills digitally and storing important information online. This may present some problems when it comes to estate administration

Easing family stress during the probate process

Massachusetts residents who bite the bullet and create an estate plan take an important step to protect and provide for their loved ones after they pass away. However, it takes more than just executing a will to ease the stress family members face when wrapping up a deceased love one's estate. Making the probate process less complex, and possibly contentious, for surviving family members may help.

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