Massachusetts Agreement Between Heirs as to Division of Estate

Category:
State:
Multi-State
Control #:
US-01109BG
Format:
Word; 
Rich Text
Instant download

Description

Agreements among family members for the settlement of an intestate's estate will be upheld in the absence of fraud and when the rights of creditors are met. Intestate means that the decedent died without a valid will. The termination of any family controversy or the release of a reasonable, bona fide claim in an intestate estate have been held to be sufficient consideration for a family settlement.

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FAQ

A Massachusetts small estate affidavit is a legal document used to present a claim on the estate or part of the estate of a deceased loved one.

Degrees of kinship are used to identify heirs at law in the ?next of kin? category ONLY if there are no members in the first four groups of heirs: (1) surviving spouse, (2) children and their descendants, (3) parents, and (4) brothers/sisters and their descendants.

An Affidavit of Heirship is a legal document used to establish the heirs of a deceased person and their respective interests in the deceased person's estate when the deceased person dies without a will (intestate) or when there are uncertainties about the heirs and their inheritance rights.

For a single/unmarried person, the first factor is whether there are any living children. If so, children equally inherit everything. Thus, 2 children would each inherit 50% or 4 children would each inherit 25%. If there are no children but one or more parent is living, then they are next in line as heirs.

When a person is married and has children, the spouse receives the entire inheritance if the children are from the same marriage. If children are from a different marriage, then both the spouse and children receive an inheritance.

Heirs at law are persons entitled to receive the Decedent's property under the intestacy succession laws if there is no will.

Your surviving spouse inherits the first $200,000 of your intestate property, plus 2/3 of the balance. The rest of your property goes to your parents or other relatives in the order established by Massachusetts law.

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Massachusetts Agreement Between Heirs as to Division of Estate