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Fegreus & Broderick

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    • Estate Planning
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Category: Probate and Estates

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Probate and Estates
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Estate Administration
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Personal Representatives
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Drafting a Will
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Earlier Posts

Trump Tax Reform

Death of the Federal Estate Tax?

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Massachusetts Power of Attorney

Not Powerless

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Digital Asset Planning

Protecting your online identity and legacy.

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Death and Leases

Personal Representatives and Ongoing Contractual Obligations of the Decedent

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Compensation of Personal Representatives

When and How Much Personal Representatives May Charge

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What If There’s No Will?

The Laws of Intestate Succession in Massachusetts

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Creditors and the Massachusetts Uniform Probate Code

How Creditors Can Protect Their Rights Under The MUPC

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No-Contest Clauses

The Purpose and Effect of In Terrorem Clauses in Massachusetts Wills

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Will Contests in Massachusetts

Discussing Will Contests in Massachusetts, Including How, When and By Whom Contests may be Initiated

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Inheriting Registered Land

Discussing Probate Court and Land Court procedures involved in clearing title to registered land left to heirs or will beneficiaries

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Earlier Posts
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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

Selling estate property depends on how the estate Selling estate property depends on how the estate is structured.

If there is a Will, it often includes a power of sale, allowing the appointed Personal Representative to move forward with the sale. Without a Will, court approval may be required, which can add steps but can still be handled efficiently with proper guidance.

If the property is held in a trust, the Trustee typically has the authority to sell it more quickly. Other factors, like Massachusetts estate tax, may also impact timing and strategy.

Fegreus & Broderick, LLP helps navigate these scenarios to ensure property sales are handled properly and efficiently.
According to recent reports, the average age of fi According to recent reports, the average age of first-time home buyers has climbed to 40, with first time buyers representing merely 21% of the market; the lowest percentage since NAR began tracking in 1981. 

Anecdotally, agents and loan officers have been sharing with us that some substantial portion of all first-time buyers are receiving significant financial help from their parents.

This reflects the limited inventory of affordable homes for young buyers, the financial consequences of which will be felt for generations. Assisting a child in buying a home is no longer reserved for the ultra-wealthy as regular families look for ways to get their children onto the housing ladder. 

When structuring this type of gifting, parents should consider their financial, legal and tax planning to ensure both they and their children make the safest and most efficient investment possible.
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