Massachusetts Voluntary Administration
Description Voluntary Administration Statement
How to fill out Massachusetts Voluntary Administration?
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FAQ
Simplified Probate First, if the deceased person left no real estate and all the property in the estate is worth no more than $25,000 (minus the cost of a vehicle), any interested person may offer to serve as voluntary personal representative (executor).
Probate and Family Court Voluntary Administration Statement (MPC 170) Voluntary administration is a simplified probate procedure for an estate with minimal assets and no real estate.
Informal probate is handled by a magistrate, not a judge. There are no hearings. It is a simple, straightforward, expedited process. In fact, informal probate can be completed in as little as seven days after a loved one's death.
If a person dies with a will, a petition to probate the will is filed with the probate court in the county where the deceased resided at the time of death, asking for letters testamentary to be issued, giving the executor authority to handle the estate affairs.
A voluntary administration, also referred to as a small estate proceeding, is a court proceeding on death for personal property worth $30,000 or less, and is used whether or not the decedent had a will.The voluntary administration aims to simplify the court process if your estate is smaller in value.
Every financial institution will have a different threshold as to the amount they will transfer without a Grant of Probate. To provide you some guidance, a balance of somewhere in the vicinity of $20,000.00 $50,000.00 will not require a Grant of Probate.
The Massachusetts small estate affidavit, known also as the 'Voluntary Administration Statement' or 'MPC 170', may be used by a petitioner in the event that a decedent passes away leaving personal property (no real property) valued at $25,000 or less not counting one motor vehicle.