1.) A Will that meets your specific needs;
2.) A Living Will;
3.) A General Power of Attorney effective immediately;
4.) A Financial Statement for an Individual;
5.) Estate Planning Questionnaire and Worksheets;
6.) A Personal Property Inventory Sheet; and
7.) Personal Planning Information and Document Inventory Worksheets.
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But generally if the total value of the Estate is less than £15,000 then usually Probate will not be required. But if the deceased owned assets worth more than the threshold, you'll need to go through the Probate process.
Key Takeaways. Setting up a will is one of the most important parts of planning for your death. Drafting the will yourself is less costly and may put you out about $150 or less. Depending on your situation, expect to pay anywhere between $300 and $1,000 to hire a lawyer for your will.
No -- you can create your own will in Massachusetts, using Nolo's do-it-yourself will software or online will programs. You may want to consult a lawyer in some situations, however. For example, if you think that your will might be contested or if you want to disinherit your spouse, you should talk with an attorney.
Simplified Probate First, if the deceased person left no real estate and all the property in the estate is worth no more than $25,000 (minus the cost of a vehicle), any interested person may offer to serve as voluntary personal representative (executor).
If you die intestate, according to Massachusetts intestacy law, everything goes to your next of kin. Your next of kin are the people who have the closest relation to you. If you're married, then that's your spouse. If you're not married, your closest blood relations or equivalent, will inherit your property.
