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EP009 - Life Estates vs Enhanced Life Estates What happens if you pass away without executing a will? Who will inherit from you? What if you don't have any kids or a spouse? A Will is a document that directs how any assets in your estate, whether real estate, personal property or money (in all its myriad

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A life estate is a legal arrangement that grants an individual, known as the "life tenant," the right to live in and use a property for the Pros & Cons of a Life Estate Deed in Massachusetts

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Could you family accidentally end up in Probate? Learn the two words that you need to have appear on your house deed in order Many Massachusetts homeowners use “life estate” deeds for different reasons. Some use them as a general estate planning tool. Others frequently use them as a What Someone Selling Real Estate in Massachusetts and Rhode Island Needs to Know About Estates,

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What Is A Life Estate And How Will It Affect My Inheritance In For most, our home is our most valuable asset, yet few people understand the legal principles that govern the ownership of real

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What is a Life Estate Do you know the difference? If you're new to the world of real estate, you may have come across the terms "title" and "deed" and What is an enhanced life estate deed?

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Life Estate Deeds in Massachusetts: the Pros and Cons By executing a life estate deed, the property avoids probate at the parents' deaths, is protected from a MassHealth lien, and receives a step-up in tax basis.

A life estate can lead to more complications than it resolves, requiring costly measures to avoid serious losses. Most people would prefer to avoid the expense and public proceedings of Probate Court. You can avoid probate IF you leave

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You should not have to pay for information. As such I offer a free consultation for most situations, One of the most attractive features of a life estate deed is that it allows property to transfer outside of probate. This means the property is

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