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Posts Tagged ‘Massachusetts’

Is Inherited Property Marital Property?

Is Inherited Property Marital Property?

New Hampshire and Massachusetts are both equitable division states. So, upon divorce, the court pools all marital property together and divides it equitably. Note that an “equitable” division is not necessarily the same thing as an “equal” division. The judge uses a number of factors to divide property fairly, including the economic and noneconomic contributions…

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The 5 Steps of a Massachusetts Probate

boston capitol

While there are some ways to expedite the process and reduce the amount of inherited property involved, some legal proceedings are almost inevitable when a loved one dies. Properly understood and carried out, probate often brings emotional closure in these situations, but if it gets out of control, probate litigation can become an expensive mess.…

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Massachusetts Lawmakers Consider Additional Housing Standards

Housing Standards

A proposed measure would require real estate sellers in the Bay State to provide energy audits of the inherited real estate that they sell. Consumer and housing groups say the bill is a good idea. “Buyers need to avoid being duped into buying a ‘money pit,’” urged the Massachusetts Affordable Housing Alliance and a few…

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Home Sales Dip in Massachusetts

rental-houses

Massachusetts Home Sales are Down For the first time in 14 months, fewer inherited homes are being sold in the Bay State. According to the Massachusetts Association of Realtors, there were 5,799 residential closings in July, which is 14 percent below the July 2015 mark. At the same time, average prices for single-family homes edged…

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