A real estate planning attorney in Massachusetts is an attorney who provides legal advice to clients who own properties that require management at the time of their disability or death. This includes giving or disposing of these assets to heirs and paying the appropriate property taxes to the state.
Real estate planning attorney in Massachusetts are responsible for determining the special distribution of their client's property to their heirs. They are also the most knowledgeable individuals who can advise clients who are planning to form a trust where assets are held and maintained for a specific beneficiary.
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Real estate refers to a person's assets, property, or ownership. This is considered a person's net worth at a given point in time, minus their liabilities. It is important to enlist the services of a real estate planning attorney when selling or dividing your property as it makes the process more systematic and helps increase property value by reducing taxes and other fees.
A will is the first and most important step in the judicial process of administering the estate of a deceased person. This is the process of confirming and ratifying one's will by the Court of Succession. This makes the will a legal document that can be attached.
These are the most basic facts about real estate and real estate planning attorneys. This is your first step if you want to build trust or find a lawyer to handle the distribution of your property.