Massachusetts Devisees

State:
Massachusetts
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MA-SKU-0654
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Description

Devisees

Massachusetts Devises are individuals who have been designated to receive an inheritance or assets from a deceased person's will. These assets could include money, real estate, or other property. The types of Massachusetts Devises include: — TestatDeviseses, who are named in the deceased person's will. — IntestatDeviseses, who are designated by the state when the deceased person did not have an official will. — SpecifiDeviseses, who are named in the will to receive a specific item or items. — GeneraDeviseses, who are not specified in the will, and will inherit whatever assets the deceased had at the time of their death. — ResiduarDeviseses, who will receive the remaining assets once all the specific devises have been given their inheritance. — ContingenDeviseses, who will receive the inheritance only if certain conditions are met, such as if the primary beneficiary passed away before receiving their inheritance.

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FAQ

Heirs at law are persons entitled to receive the Decedent's property under the intestacy succession laws if there is no will.

Devisees are persons, entities, charitable organizations, or trusts designated in a will to receive the Decedent's personal or real property.

Is there a deadline to probate an estate? The general rule is that an estate has to be probated within 3 years of when the decedent died. However, this deadline doesn't apply to: A voluntary administration.

Massachusetts does not have what's known as an Affidavit procedure for small estates, but they do have a summary probate procedure. An estate value must be less than $25,000 and have no real property to qualify.

The first is called "voluntary administration of small estates." To qualify, the estate (the property owned by the deceased person at death) must meet these requirements: there's no real estate. the property left behind by the deceased person is worth less than $25,000 (aside from one vehicle)

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Massachusetts Devisees