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Massachusetts Securities Law Questions & Answers
1 Answer | Asked in Securities Law for Massachusetts on
Q: My advisor assured me that I would receive my funds within 3 Bus. days for a closing, did not get funds for 7 Bus. days?

In July I spoke to my financial advisor about money I rec'd from an inheritance and I told him that I wasn't sure what to do as I was looking for a vacation home and would need it immediately should I find something. I did not ask the type of account he was putting it in as I trusted... View More

James L. Arrasmith
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Dec 15, 2023

In your situation, it appears that there may have been a failure on the part of your financial advisor to meet the expectations set for the management of your inheritance funds. The delay in accessing your funds and the resultant financial loss are concerning, especially given your clear... View More

1 Answer | Asked in Estate Planning, Family Law, Probate and Securities Law for Massachusetts on
Q: All bank accounts have both me and painters SS # on it. How does it get split on ones death with a will?

So all our bank accounts have both my SS # on it and my partners. ON my money and bank account, my name is first with my SS # and then my partners name is on it with partners SS # on it. We each have access to accounts and either one can take money out. They are owned jointly. But we each... View More

Lillian J. LaRosa
Lillian J. LaRosa
answered on Oct 13, 2017

Generally the survivor becomes the owner of the account and it is not part of the probate estate which is governed by the Will, but you should consider clarifying that this is the case in your Will by so stating that the account is not intended to be divided as part of the estate but is a... View More

1 Answer | Asked in Securities Law and Landlord - Tenant for Massachusetts on
Q: 30 day rule of security deposit. I moved out on May 31st they sent me a letter on June 29th didn't receive til 7/3

I repeatedly asked them for the money their are false reports of rent which I paid and have proof of. They signed move out form saying the apartment fine now they don't want to return it. Since I didn't get the letter until 7/3 the postmark is 6/29 Is that past deadline

Ali Shahrestani,
Ali Shahrestani,
answered on Jul 14, 2017

Have they refunded you? If not, did they provide reasons and invoices for repairs in writing? More details are necessary to provide a professional analysis of your issue. The best first step is an Initial Consultation with an Attorney such as myself. You can read more about me, my credentials,... View More

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