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Fegreus & Broderick

Fegreus & Broderick

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  • Services
    • Estate Planning
    • Probate and Estate Admin
    • Trustee Services
    • Litigation
    • Real Estate
  • The Firm
    • Michael Broderick
    • Edward Fegreus
    • Sydney Blomstrom
    • Tatiana Barsukova
  • Contact Us

 

Protecting Our Clients and Our Closings In a Tumultuous World

When choosing a closing attorney, you need to ask: does this law firm do everything it can to protect its clients and the closing from wiring fraud and cyber crimes?

We’ve all heard horror stories of wiring fraud and protected personal information being hacked or held at ransom. Your closing attorney needs to be on the forefront of protecting clients and their transactions. Our firm has invested heavily in the latest IT systems to build a virtual fortress around our data, in partnership with TechEvolution. We have partnered with Titan Insurance in Boston to implement all available cyber insurance policies to further protect our clients and their hard-earned money. Our staff is trained in industry best practices to spot red-flags and coach our clients to be vigilant from offer to closing.

We know not all closing attorneys are taking these measures. They should be. We want you to rest assured that your closing is in good, safe hands with The Law Office of Edward Fegreus.

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techEvloution

techEvloution

 

If you have any questions about title insurance, please give us a call at (617) 737-9100 or send us an email: closings@fegreuslaw.com

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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

Jointly held property, including financial account Jointly held property, including financial accounts, are classic non-probate assets which transfer to a surviving joint tenant by law and therefore avoid probate. Except when they don’t. 

As the Appeals Court confirmed in a recent decision, accounts held jointly “for convenience only” are, in fact, part of the probate estate and not a transfer to the surviving joint owner. “For convenience only” would be, for instance, where an elderly account holder authorizes a child to be a joint owner for the purpose of aiding in paying monthly bills, etc. 

However, the burden of proof is upon the P.R. of the deceased account owner’s estate to show that the joint ownership was intended for convenience only, thereby bringing the account into the probate estate.
Many people still pass away without an estate plan Many people still pass away without an estate plan, leaving important questions for their families. Who takes control? What happens next? Who receives what?

Without a plan, state intestacy laws step in with a one-size-fits-all approach that may not reflect your wishes or your family’s needs.

Fegreus & Broderick, LLP helps clients plan ahead and choose the right Personal Representative to ensure their estate is handled the way they intend.
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