Estate Planning – Homestead Declaration No Covered Wagon Required
Homestead WHAT? It’s 2016, who has a “homestead?” Well if you own a house, condominium, manufactured home, etc. then you have a homestead! In Massachusetts, a homeowner receives automatic protection on their principal residence in the amount of $125,000. That amount is protected against the reach of an unsecured creditor. The most common example of…