Boston Estate

• Category: Massachusetts Probate - Small Estates
• State: Massachusetts
• City: Boston
• Control #: MA-ET10
• Format: Word; Rich Text

Description

Section 3-1201 of the Uniform Probate Code of Massachusetts provides that if an inhabitant of the state dies leaving an estate consisting entirely of personal property the total value of which does not exceed $25,000 in value, any interested person may, after the expiration of 30 days from the death of the decedent and provided no petition for appointment of a personal representative has been filed with the court of the county in which the decedent resided, file with said court upon a form prescribed by the court a statement, verified by oath, or affirmation containing: (a) the name and residential address of the petitioner, (b) the name, residence and date of death of the deceased, (c) the relationship of the petitioner to the deceased, (d) a schedule showing every asset of the estate known to the petitioner and the estimated value of each such asset, (e) a statement that the petitioner has undertaken to act as voluntary personal representative of the estate of the deceased and will administer the same according to law, and apply the proceeds thereof in conformity with this section, (f) the names and addresses of surviving joint owners of property with the deceased, known to the petitioner, (g) the names and addresses known to the petitioner of the persons who would take under the intestacy laws of Massachusetts in the case of intestacy, and (h) the names and addresses known to the petitioner of the persons who would take under the provisions of the will, if any. The original of any will shall be filed with the above statement. Upon presentation of such statement and the payment of any statutory fees, accompanied by a certificate of the death of the deceased, the register of probate shall, if no other probate proceeding for administration of such estate is pending in said court, issue an attested copy of a statement duly filed under this section. The Boston Massachusetts Small Estate Affidavit for Estates under $25,000 is a legal document used for the simplified and expedited administration of small estates within the city of Boston. It is designed to enable the transfer of assets to the rightful beneficiaries without requiring a lengthy and costly probate process. This affidavit can be particularly useful when the value of the estate is under $25,000, making it a viable option for many individuals and families. The Small Estate Affidavit serves as an alternative to formal probate proceedings, which can often be time-consuming, complex, and expensive. By utilizing this affidavit, the estate's personal representative or any interested party can streamline the transfer of assets and distribute them according to the deceased individual's wishes or the laws of intestacy. To initiate the process, the person seeking to administer the small estate must gather relevant information and complete the necessary forms, which include a detailed inventory of the assets, liabilities, and debts of the deceased. Additionally, the affidavit must provide a comprehensive list of potential heirs, the estimated value of the estate, and an affirmation that the estate qualifies for the small estate proceedings in Boston, Massachusetts. The Boston Massachusetts Small Estate Affidavit for Estates under $25,000 is primarily used for estates with a value less than $25,000, but it's essential to note that there could be different types or variations of the affidavit based on the specific circumstances of the estate. For example, there may be a specific form for estates with real estate properties or another variation that caters to specific asset types. It is crucial to consult with an attorney or seek professional legal advice to ensure the correct form is used and all requirements are met. This will help to navigate the legal complexities involved in administering small estates and ensure a smooth transfer of assets to the rightful beneficiaries, while minimizing bureaucratic hurdles and unnecessary expenses.

The Boston Massachusetts Small Estate Affidavit for Estates under $25,000 is a legal document used for the simplified and expedited administration of small estates within the city of Boston. It is designed to enable the transfer of assets to the rightful beneficiaries without requiring a lengthy and costly probate process. This affidavit can be particularly useful when the value of the estate is under $25,000, making it a viable option for many individuals and families. The Small Estate Affidavit serves as an alternative to formal probate proceedings, which can often be time-consuming, complex, and expensive. By utilizing this affidavit, the estate's personal representative or any interested party can streamline the transfer of assets and distribute them according to the deceased individual's wishes or the laws of intestacy. To initiate the process, the person seeking to administer the small estate must gather relevant information and complete the necessary forms, which include a detailed inventory of the assets, liabilities, and debts of the deceased. Additionally, the affidavit must provide a comprehensive list of potential heirs, the estimated value of the estate, and an affirmation that the estate qualifies for the small estate proceedings in Boston, Massachusetts. The Boston Massachusetts Small Estate Affidavit for Estates under $25,000 is primarily used for estates with a value less than $25,000, but it's essential to note that there could be different types or variations of the affidavit based on the specific circumstances of the estate. For example, there may be a specific form for estates with real estate properties or another variation that caters to specific asset types. It is crucial to consult with an attorney or seek professional legal advice to ensure the correct form is used and all requirements are met. This will help to navigate the legal complexities involved in administering small estates and ensure a smooth transfer of assets to the rightful beneficiaries, while minimizing bureaucratic hurdles and unnecessary expenses.

Law summary