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    • Estate Planning
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Author: Michael Broderick

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Earlier Posts
Later Posts

Avoid the DIY Estate Plan

The cautionary tale of Roth v. Newpol

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Estate Taxes: The Marital Deduction

The Basics of Transfers Between Spouses

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A Mother’s Power of Appointment

What your mother giveth your mother may taketh away. 

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Testamentary Capacity

A primer on the mental status required to execute a Will and how to prepare to avoid a Will contest. 

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Special Needs Trust Update

The Importance of "the Individual."

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Massachusetts Power of Attorney

Not Powerless

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Recent MassHealth Planning Cases

Two recent cases illustrate how assets held in an irrevocable trust may render an applicant ineligible for MassHealth

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Prince Apparently Left No Will or Plan

The Consequences and Next Steps for the Iconic Artist's Estate

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Probate v. Non-Probate Assets and Probate Avoidance

What do we mean when we talk about the "estate"?

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Digital Asset Planning

Protecting your online identity and legacy.

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Fegreus & Broderick, LLP

21 Custom House Street, Suite 480
Boston, Massachusetts 02110
t: (617) 737-9100 | f: (617) 737-9123
info@fegreuslaw.com

The Court can allow a P.R. to serve “without sur The Court can allow a P.R. to serve “without sureties,” meaning that the P.R.’s promise alone is sufficient; with “personal sureties,” meaning the P.R. must find two individuals to essentially act as the P.R.’s guarantors, or with “corporate sureties” meaning the P.R. must pay a surety company to underwrite their performance, sort of like an insurance policy. 

Corporate sureties can be quite expensive and if no surety company is willing to underwrite the proposed P.R. (e.g. if the P.R. has disastrous credit or an unsavory financial past), then the proposed P.R. may not serve. 

Many variables influence which kind of bond the Court will require. If you have any questions about seeking appointment as a P.R., please contact us today.
Probate can be a complex and time-consuming proces Probate can be a complex and time-consuming process, often lasting a full year or longer. 

For Personal Representatives, this period requires careful attention to timing, responsibilities, and potential claims from creditors. Distributing assets too early can create personal liability, while certain expenses, family allowances, and administrative costs still need to be managed along the way.

Questions about serving as a P.R. and protecting yourself from claims? We would be glad to speak with you.
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