Legal Question in Wills and Trusts in Massachusetts
My Mom just passed and my Dad and her had a joint account at a bank,but her social security check went into her own account with just her name, at the same bank. This is in Massachusetts. Will her account get tied up in probate now,?
Asked on 6/01/16, 9:39 am
1 Answer from Attorneys
First my condolences on your loss.
The short answer is yes. Depending on the amount of assets she has in that account and owned separately from your father or anyone else (jointly owned), you may qualify for a small estate and the matter will be easy to deal with. A small estate is an estate of less than $15,000.00.
Good Luck
Answered on 6/01/16, 10:03 am