Reseda, CA asked in Estate Planning and Probate for Massachusetts

Q: This is a matter about changing a Will in Massachusetts. My father passed in March 2020...continued below...

His wife and myself are the lone beneficiaries. The Will left me and his wife mid-six figure monies EACH. Each year my father's estate attorney disburses $40,000 for 15 years. In the Will, the person who dies first, the survivor recieves their remaining monies My father's wife died last month.

My question is, now that I am the lone beneficiary, can I recieve the remaining monies from his wife in one lump sum rather than being divvied up for the remianing 11 years or so? In the Will, my father did not provide how the remianing monies from the survivor is to be disbursed (one lump sum or $40,000/yearly until its all gone). As the LONE beneficiary, can the Will be changed or whatever, can / how can I receive his wife's money in one lump sum?

Thank you,

Steven

Related Topics:

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.