Massachusetts Wills and Probate
Admittedly, the probate of an estate in Massachusetts can be a tedious, time-consuming, detail-oriented, and complicated legal process. Probate has its own set of unique and tailored procedures, as well as its own arsenal of vocabulary terms and legal jargon. Frequently, financial and tax issues are prone to rear their ugly heads, as well. For these reasons, many parties conclude that hiring an experienced will and probate lawyer to guide them through the local process is a smart investment. Partnering with a Massachusetts wills attorney helps these parties avoid making costly mistakes and experiencing endless delays in otherwise cumbersome estate administration and will probating.
What Comprises an Estate Plan in Massachusetts?
A Massachusetts estate plan is a customized organizational tool that assists clients in reaching their financial goals, preserving assets, and passing along wealth to their heirs and beneficiaries. In fact, the objective of an estate plan is to help Massachusetts families to
- Preserve and pass along their wealth to future generations
- Minimize estate tax burdens
- Avoid expenses and headaches associated with the state's probate process and system
How exactly are these aims accomplished? Estate plans often incorporate tools such as these to assist them in achieving the aforementioned desirable objectives:
- Living trusts
- Irrevocable trusts
- Living wills
- Simple wills
- Complex wills
- Powers of attorney
- Family limited partnerships
- Charitable gifts
What Is the Role of a Written Will in an Estate Plan?
Legally valid, written wills are essential, core documents in the estate planning and administration process in Massachusetts. By definition, a will is a written legal instruments utilized in the local probate court or system to communicate how a testator wants property to be distributed after his or her death (i.e., what specific property is bequeathed to which specific heir or beneficiary). Wills are helpful to have in the context of probate because they enable the entire process to move along faster and at a lower overall cost in terms of time, effort, and monies. Unfortunately, if a decedent passes away without a valid, legal, written will in place, loved ones or family members may have to undergo an extended battle in probate court for months to years before any items in the decedent's estate are even able to be inherited.
Contact a Massachusetts Will and Probate Attorney Today
Massachusetts will and probate lawyers can advise you on whether a will is legally valid and enforceable. Likewise, these legal advocates can interpret any ambiguous provisions and help you decipher the probable outcomes in a will contest or beneficiary dispute that plays out in state court. After partnering with a local will lawyer, you can rest more comfortably and confidently, knowing that you did what was necessary and appropriate to undertake and complete the estate administration process for your loved one. Furthermore, by consulting with a Massachusetts-based probate attorney, you may also be able to avoid hefty tax burdens, fees, costs, and time delays, through heeding the sound and sage tips, suggestions, and advice you are given from a professional familiar with the local system. Call now to speak with a local Massachusetts probate attorney today at 877-913-7222.