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Probate

Estate appraisal process in Massachusetts explained
Real Estate Appraisal, Real Estate Tips

Estate Appraisals in Massachusetts: A Comprehensive Guide for Probate and Tax Planning

An estate appraisal, also known as a “date-of-death” appraisal, is essential for settling an estate in Massachusetts. This is a retroactive valuation where a professional appraiser determines the property’s fair market value as of the date the owner died, not the date of the inspection. This unbiased, defensible report is legally required by the probate […]

Real estate professionals managing probate transactions
Real Estate Appraisal, Real Estate Tips

Successfully Managing Probate Transactions: A Comprehensive Guide for Real Estate Professionals

Successfully managing a probate real estate transaction requires diligence, care, and excellent coordination. In Massachusetts, probate is typically required when someone dies without a will (intestate) and must be filed within 3 years. The process, which takes about 12 months, involves the court appointing an executor to manage the estate, pay debts, and distribute assets.

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