Law Blog

Avoid Probate by Transferring Home to Children and Reserving Life Estate

A planning technique many of our Massachusetts clients are utilizing is to transfer title of their home to their children while retaining a life estate. This means that essentially the elderly parent or parents retain the right to ownership during their lives, and the children automatically have ...
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Avoid Costly Court Fees and Delay by Having a Durable Power of Attorney and Health Care Proxy

A basic part of your estate plan should include a Durable Power of Attorney and Health Care Proxy.1. A Durable Power of Attorney appoints a family member or other trusted individual to act for you in the event of a disability or other incapacity that prevents you from acting for yourself. The ...
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Negotiating a Lower Price When Submitting an Offer for a Home

How to Negotiate a Better Sales Price When Shopping For a HomeAs the housing market has improved, sellers have gained some of their advantage back because they no longer feel the need to accept a rock bottom price in order to sell their home within a reasonable period of time. Sellers often have ...
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5 Real Estate Title Facts from a Massachusetts Lawyer

5 Facts Every Real Estate Agent Should Know About Property Titles and Title Insurance For most people, buying a home is the biggest investment they will make during their lifetime. Especially for first time homebuyers, it is a time filled with excitement, anticipation and joy mixed with a little ...
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General Estate Planning Concerns Part 3 Probate proceedings for an estate of a decedent

Probate proceedings for an estate of a decedent in MassachusettsIn the event a loved one is deceased and leaves real or personal property in his or her name, without any joint owner, transfer on death designation or named beneficiary, if applicable, it will be necessary to file a Petition in ...
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What is Title Insurance on a Home Purchase and Why Do I Need it?

What is title insurance and why do I need it?The first misconception we need to clear up about title insurance is that you not only need it but you will be required to provide it for your mortgage company. Many first time buyers are confused by title insurance and do not understand why their ...
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General Estate Planning Concerns Part 2 Estate Tax Matters

Estate Tax MattersWhether property or assets are owned only by the decedent, jointly with another, or passes by a beneficiary designation or otherwise to a named beneficiary, such property is considered taxable in the decedents estate, and the family, persons in possession of such property or the ...
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General Estate Planning Concerns – Part 1- How to Avoid Probate

How to Avoid ProbateGenerally, while planning the disposition of your estate on death, one should be mindful of the various ways in which you can transfer property and assets without the necessity of probate proceedings after death. The following are suggestions regarding same:1. Property owned as ...
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Why You Need an Experienced Real Estate Attorney

When you visit a law firm for a real estate closing, the attorney makes it seem like a very easy process – – that is his job. A real estate attorney makes the process of buying and selling homes, purchasing rental property or drafting lease agreements as stress-free for his clients as possible. ...
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7 Reasons You Need a Last Will and Testament

Many people believe that they must be rich or own real estate to need a Last Will & Testament. However, that is a common misconception that ends with families being frustrated and arguing when a loved one passes away without a will. For several reasons, estate planning is necessary whether you own ...
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