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Heirs Seek Legal Protections for Business Deal Dating from 1935

Massachusetts residents may think that estate planning and administrative is over once a person dies and assets are divided between heirs. The truth is that executors or trustees to an estate can deal with legal and other matters for years, especially if a will is contested or there are long-term business or financial matters associated with the estate. For heirs of the woman who reportedly helped launch a syrup empire, estate matters include seeking what they feel are rightful monetary payments to the estate.

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Understanding Heir Structure During Estate Planning

In Massachusetts, a complex chart of potential heirs is used to determine who inherits an estate unless estate planning documents are in play. Understanding how the state courts view the heir structure can help ensure the estate planning process includes specific documents and language to protect heirs that may not be fully protected by the court alone.

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Do Massachusetts Residents Have to Probate Estates?

Probate can be an expensive endeavor. In Massachusetts,probate litigation is handled by the Family and Probate court system, and fees for filings alone in probate matters range from $60 to $400 per filing, though there is not a fee for the initial appointment of or letters of appointment for a fiduciary. Because of the expense and hassle of probate, families may want to take non-probate action on an estate when possible.

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