An Estate of Homestead is a type of protection for a person’s residence, in the form of a document called a “Declaration of Estate of Homestead”. The form is filed at the Registry of Deeds in the county where the property is located, referencing the title/deed to the property. It allows homeowners in Massachusetts to protect their property up to five hundred thousand dollars ($500,000) of the value of their primary residence, per family.

A buyer should keep in mind that the bank’s attorney represents the lender’s interests and not the buyer’s.  Obtaining independent counsel to draft the Purchase and Sale Agreement and to review the mortgage documents is advisable since your interests will be strongly asserted by your separate and independent counsel.  Having an attorney is not absolutely required, but it is strongly recommended since numerous glitches and oversights can occur during a closing (i.e., bad title, wrong sales figures, wiring issues, etc.).  Attorneys who handle real estate closings have the knowledge and expertise to hire qualified title examiners and to “catch” mistakes made by the bank or other entity.  Thus, having your own attorney (if you are a buyer) is strongly recommended.  Click here if you need our assistance. 

No one absolutely needs a will, but having one is strongly recommended.  When someone dies without leaving a valid will, the person is deemed to have died intestate.  This means that all your personal property will be devised through intestate succession under Massachusetts General Laws (assuming the person currently resides in Massachusetts), and that may not be how you want your assets divided and distributed.  If you want particular items to pass to certain individuals upon your passing, you will need a Last Will and Testament to ensure that happens.  You will save your loved ones a lot of time, money and heartache after your passing by speaking with an attorney now and executing a valid will.  Click here to get started.

Many accidents occur that are not serious enough to warrant legal intervention.  However, many accidents occur in which people are seriously injured and property is severely damaged.  To ensure that your rights are protected when up against an insurance company, we strongly advise you to seek the advice of an attorney, especially if you have been seriously injured as a result of the accident.  Click here to contact us.

You can benefit from the expertise and experience of a lawyer if you hire once in this instance.  A lawyer can tell you whether or not a corporation is the best option for you.  A lawyer can consider all the various areas of law that can affect you and your corporation.  You will have to pay for a lawyer’s services, but in the long run, having an attorney prepare your incorporation can save you money because serious mistakes can be avoided.  We recommend seeking the advice of an attorney when forming/incorporating a business if you foresee any complicated or conflicting arrangements; if you plan to incorporate in one state while registering to do business in another state; if you anticipate any complicated tax issues; or if you plan to raise capital from outside investors.  Click here if you would like to conact us.