Massachusetts Uniform Counsel Certification is a voluntary certification program that recognizes attorneys who have demonstrated expertise in the practice of real estate law. Attorneys who become certified must meet certain requirements, including passing an examination and having a minimum of three years of active practice in the field. There are three types of Massachusetts Uniform Counsel Certification: Residential Real Estate Counsel (RCC), Commercial Real Estate Counsel (CCC), and Land Use Counsel (LUCK). To become certified, attorneys must demonstrate knowledge and experience in the areas of real estate law, title examination, title insurance, and closing services. Attorneys must also agree to abide by the Uniform Counsel Code of Conduct, an ethical code that outlines professional standards and practices for attorneys practicing real estate law. Certified attorneys are authorized to use the Massachusetts Uniform Counsel Certification designation after their names, and may be eligible for reduced fees and other benefits.
Massachusetts Uniform Counsel Certification
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FAQ
Massachusetts does not have what's known as an Affidavit procedure for small estates, but they do have a summary probate procedure. An estate value must be less than $25,000 and have no real property to qualify.
Is there a deadline to probate an estate? The general rule is that an estate has to be probated within 3 years of when the decedent died. However, this deadline doesn't apply to: A voluntary administration.
A petition for instructions must address a present issue. It cannot request direction on a future duty, hypothetical action or ratification of the fiduciary's past conduct. A petition for instructions is specifically permitted by the Massachusetts Uniform Trust Code (MUTC).
How to Avoid Probate in Massachusetts Forming a Trust. A trust allows a third party ? the trustee ? to hold assets on behalf of beneficiaries.Joint Tenancy.Making Property Automatically Transfer on Death.Using Pay on Death (POD) Bank Accounts.Setting Up a Life Estate for Real Estate.
When a personal representative of an estate is undertaking an action pertaining to the estate that he feels may result in personal liability to him if the outcome is not as planned, the personal representative may file a Petition for Instructions from the court seeking approval for his actions.
When the probate court appoints a personal representative, it issues a document called ?Letters of Authority.? This document is proof of the personal representative's legal authority to collect and manage estate property. The personal representative is entitled to collect a fee for the work performed for the estate.