Legal Question in Wills and Trusts in Massachusetts
A will has gone to probate and an executrix has been named. There is a small amount of money being "given" away through the will. Some named people in the will get only $1.00 whereas other will get various amounts. We are told that people receiving money will have to wait up to a year. Is this correct and why?
Asked on 9/09/09, 4:07 pm
1 Answer from Attorneys
Christopher Vaughn-Martel
Charles River Law Partners, LLC
There is a statutory period of one year within which creditors of the estate are required to present all claims for payment. It is usually only after that period has expired that estate property can be distributed safely.
Answered on 9/14/09, 4:21 pm
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