Voluntary administration is designed to resolve a company's future: see Table 1. An independent registered liquidator (the voluntary administrator) takes full control of the company. This allows the director or a third-party time to find a way, if possible, to save the company or its business.
Voluntary administration is a simplified probate procedure for an estate with minimal assets and no real estate.
If you die without a will, the court proceeding is called an administration proceeding. A “voluntary administration,” also referred to as a “small estate proceeding,” is a court proceeding on death for personal property worth $30,000 or less, and is used whether or not the decedent had a will.
Kerri Mast: There is a range regarding how long it takes to settle an estate and several factors at play, including the asset value and complexity. Simple estates might be settled within six months. Complex estates, those with a lot of assets or assets that are complex or hard to value can take several years to settle.
Visit Mass/RMV and click on “Online Service Center,” select your renewal transaction (Driver's License or ID), and then follow the prompts to verify your identity and start your transaction.
Investing. Estate Planning. Letters of administration are court documents giving someone permission or authority to administer the estate of someone who died without a will or without naming a proper executor of their estate.
The Massachusetts RMV-1 Application Form is used for vehicle registration, title transfer, and related processes.
If things are collaborative, you should just each provide a financial disclosure. It should include a listing of all assets (including major physical assets like real estate, cars, etc.), the value as of the date of separation (this date is determined by state law), and the legal owner(s) of each asset.
What is Supplemental Probate and Family Court Rule 401? Rule 401 addresses financial statements and provides that within 45 days from service of the divorce summons, spouses must exchange complete and accurate financial statements detailing their assets, liabilities, income and expenses.
Mailing Addresses ReturnsExtension PaymentPayment Voucher Form 2: Mass. DOR, PO Box 7018, Boston, MA 02204 Form 2G: Mass. DOR, PO Box 7017, Boston, MA 02204 Form M-8736: Mass. DOR, PO Box 419544, Boston, MA 02241-9544 Form 2-PV: Mass. DOR, PO Box 419544, Boston, MA 02241-9544