The federal estate tax threshold is $11.58M indexed annually for inflation. The Massachusetts threshold is $1M.
When a person dies, his or her estate must go through the estate administration process, which may or may not involve the probate process. This can include navigating the probate court’s filing requirements, settling estate liabilities, filing estate tax and fiduciary income tax returns, providing proper notice to state authorities, communicating with heirs, distributing assets, and filing appropriate accountings.
For those who have thoughtful estate plans in place, much of this process is avoided or minimized. Unfortunately, sometimes people die without effectual planning in place. Others die without having any estate planning, and both of these situations can lead to significant legal work, delays and costs before the estate is properly settled.
We have significant experience doing this work and are well-versed in the nuances of the probate and estate administration processes. We will lay out an efficient plan for proper administration, keep you informed throughout the process, and support you until you reach the end.
We urge our clients to invest in estate planning while they are alive, in part to avoid costly probate and estate administration after their death.
Because each estate is unique, we charge an hourly fee for this work. Our attorneys oversee the administration of estates, but we use our experienced paralegals for much of the administrative work, as their rates are lower. We do our best to minimize your costs and provide an estimated range for the work required to complete the estate administration process.
385 Concord Avenue
Belmont, MA 02478 (617) 484-6610
Fax: (617) 484-0035