Banessa Llombart ESQ.

Understanding the Probate Process The Massachusetts Probate Journey The Massachusetts probate journey typically begins with filing a petition with the Probate and Family Court, leading to the appointment of a personal representative (or executor) to manage the estate. This representative then undertakes a comprehensive inventory and appraisal of all assets, notifies interested parties and creditors, and settles any outstanding debts or taxes using estate funds. Assets are then distributed...

Navigating estate planning in Massachusetts can feel complex, but understanding key tools like a pour-over will is essential for securing your legacy. This often-misunderstood document acts as a vital safety net, designed to work hand-in-hand with your living trust. Its primary function is to ensure that any assets you may have inadvertently overlooked or acquired outside of your trust during your lifetime are seamlessly "poured over" into that trust upon your death, guaranteeing they are...

Key Differences: Will vs. Trust While a will is a foundational legal document outlining asset distribution and naming guardians for minor children, it necessitates going through the public, time-consuming, and potentially costly probate process in Massachusetts. This court-supervised procedure can tie up assets for months or even over a year, lacking privacy regarding your financial details. Conversely, a trust, particularly a revocable living trust, offers significant advantages by allowing...