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If the gross estate of a Massachusetts resident has a value of more than $1 million, the personal representative or executor of the estate must file a state estate tax return. (Smaller estates won't need to file a return.)

If you're filing a paper estate tax return, you'll need to submit the following: A completed Form M-706, Massachusetts Estate Tax Return. A completed federal Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, with all attachments from the federal Form 706 Instructions.

The Massachusetts estate tax exemption is $1 million. This means that if your estate is worth more than $1 million when you die, money will be owed to the state before it's disbursed to your heirs.

The Massachusetts estate tax applies to any decedent that, at death, was either: A Massachusetts resident. A nonresident that owned an interest in real property in Massachusetts.

If the inspection reveals the need for any repairs, the buyer may request a credit, ask for a price reduction, or ask for the seller to make the repairs prior to closing. The seller is not required to provide any of these concessions but may want to do so to keep the transaction from falling apart.

The written listing agreement shall contain no provision requiring the person signing the listing to notify the broker of the intention to cancel the listing after such definite expiration date.