Legal Question in Wills and Trusts in Massachusetts
how long does it take to settle an estate worth over 1 million dolllars in massachusetts?
Asked on 8/05/10, 6:52 pm
1 Answer from Attorneys
Christopher Vaughn-Martel
Charles River Law Partners, LLC
Estates in Massachusetts typically will not be entirely settled for at least one year, as there is a one year window for creditors of the deceased to bring claims against the estate. Beyond that, the answer will depend on the liquidity of the estate, whether real estate needs to be marketed and sold, whether there was a solid estate plan in place, and whether there are any disputes or disagreements among family and beneficiaries.
Answered on 8/10/10, 7:30 pm