Nothing To Do WIth Credit. AVOIDING PROBATE

Discussion in 'Credit Talk' started by woofer, Jun 30, 2009.

  1. woofer

    woofer Well-Known Member

    I know that there are a few people on here that are lawyers and I have a few questions and hope you can help me. Person dies in Massachusetts. Has a will . Everything left to daughter. House had been signed over to daughter a year ago (assessed 300K)and stocks are in father and daughter's name, same with checking account (5K) Value of stock approximately 30K. No savings, no car, just household goods to dispose of. Now there is NOTHING of value left, so what happens? File will and death certificate at courthouse? There are NO bills and no family to contest. So I am thinking NO PROBATE. What say you? Thanks much
     
  2. Hedwig

    Hedwig Well-Known Member

    It's state specific. When my aunt died and I was executor, I went to the courthouse and they were most helpful in telling me what I needed to do. She also had little, so I had to put a notice in the paper for anyone who had a claim to submit it, then I signed a few papers, paid about twenty bucks filing fee, and it was done.
     
  3. woofer

    woofer Well-Known Member

    Well I would like to have the person avoid probate if possible. I will call courthouse tomorrow and see what they say. Thanks Woofer
     

Share This Page