VEA Newsletter
Estate Planning, Real Estate, Probate & Tax
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Due-On-Sale Exceptions
What are Due on Sale Exceptions? A “due-on-sale clause” is defined by the United States code as a contract provision which authorizes a lender, at
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Inter Vivos Trusts
What is an Inter Vivos Trust? Inter vivos trusts, also known as living trusts, are created during the grantor’s lifetime. Inter vivos means “between living people”.
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Irrevocable Life Insurance Trusts
What is an Irrevocable Life Insurance Trust? An irrevocable life insurance trust, or ILIT, is an estate planning tool used to shelter life insurance policies
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Wrongful Death
What is Wrongful Death Wrongful death is a legal cause of action that arises when an individual’s death is caused by the negligence, recklessness, or
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Reasons to Avoid Probate in Massachusetts
Reasons to Avoid Probate Probate Court is Time Consuming. Timeliness is the first of many reasons to avoid probate court in Massachusetts. Indeed, the
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Revocable vs. Irrevocable Trusts
Revocable Trusts When comparing revocable vs. irrevocable trusts it’s important to understand their foundations. There are two types of Revocable Trusts: an individual Revocable Trust
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Comparing Registered Land vs. Recorded Land in Massachusetts
Registered vs. Recorded Land Do you understand the difference between registered vs. recorded land? If you have experience dealing with real estate in Massachusetts, then
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What is Probate?
Probate in Massachusetts The death of a loved one is an overwhelming and life-altering event which often causes an enormous amount of stress. Often, families
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What is Voluntary Administration?
Probate is the legal process by which a decedent’s assets are distributed after any debts and expenses are paid. The most typical forms of probate