As you look ahead into your estate planning it is helpful to understand the probate process and what and how you can pass on assets to your loved ones. This preparation is much like understanding the rules of a game, or any other undertaking, and saves you and those close to you stress and worry. Probate is a court supervised …
Attorney John Tramontozzi and Tramontozzi Law Firm Voted Top: Recognized Locally and Regionally
Thank you from John Tramontozzi at Tramontozzi Law Offices! Tramontozzi Law received accolades for both founding lead attorney, John Tramontozzi, Esq., as well as the Tramontozzi Law Practice. The 2021 Readers Choice Awards once again recognizes Attorney John Tramontozzi and Tramontozzi Law Offices topping regionally and Boston area North, in Two Categories! Best Attorney and Best Law Firm. We are …
Co-ownership-Is this the Best Option for you? Joint Tenancy (part 2 of series)
How to Take Ownership of Massachusetts Property: Joint Tenancy Joint tenancy is a potential co-ownership configuration to consider when taking ownership of property in Massachusetts and elsewhere in the US. Part two of our three part series on home ownership/tenancy configuration will examine the joint tenancy option. When two or more parties have agreed to purchase a property together, they …
Five Legal Documents to Consider When Setting Up an Estate Plan
Written by Neil O. Anderson, Esq. of Tramontozzi Law Offices There are Five Primary Documents to Create when developing an Estate Plan: Power of attorney In the event you become disabled and can not make decisions for yourself, establishing a power of attorney allows another person the ability to make financial decisions for you. Health Care Proxy Similarly, if the …
Do I Really Need A Will ?
Do I Really Need a Will? (and for that matter why have an attorney make one?) Many people and families engage in careful estate planning; however there also are a good number of people who choose, either purposely or inadvertently, to make no financial or legal arrangements for their property following their deaths. Sometimes individuals do not want to …
What is a Living Trust?
When establishing a Living Trust, you are opting to serve as grantor, trustee, and beneficiary for the trust for the remainder of your lifetime. A trustee would be the person who is in charge of the trust assets. In a living trust, you would remain trustee until you are unable to perform those duties (generally incapacitation or death). A “beneficiary” …
The Probate Process in Simple Steps
What is probate? The probate process is described as the legal steps that take place after someone dies which determine how the deceased’s assets will be distributed. Probate is the formal court proceeding required to determine who is entitled to inherit a property. The purpose of this proceeding is to prove that the deceased’s will is valid and that …
The New Massachusetts Uniform Probate Code, Discussion Part 1
The New Massachusetts Uniform Probate Code, Discussion Part 1 By: John N. Tramontozzi, Esq. When it comes to wills and the administration of Estates Massachusetts now follows the new Uniform Probate Code adopted in March of 2012. This statute was a complete revision and rewrite of the probate laws. The MUPC makes it easier and quicker for an estate to …