Petition for order of complete settlement 2025

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The document is a petition for an order of complete settlement regarding the estate of a decedent in the Commonwealth of Massachusetts. It outlines the petitioner's information, the appointment of a personal representative, and requests the court to approve final accounts, determine testacy, identify heirs, and authorize asset distribution. The petitioner certifies the truthfulness of the statements under penalty of perjury.

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2012	4.8 Satisfied (64 Votes)

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What is a petition for order?

A petition is a formal request that seeks a court order and states the reasons why one is needed. It may be filed by a person, group, or organization, and is typically the first step in a lawsuit.

What does complete settlement mean?

Complete Settlement means an issue for which complete settlement was reached by all Parties, and if this Settlement Proposal is accepted, the Parties will not adduce any evidence or argument during the oral hearing in respect of these issues.

What is a reasonable full and final settlement offer?

It depends on what you can afford. Your full and final settlement should offer equal amounts to each creditor. For example: Your lump sum is 75% of your total debt. You should offer each creditor 75% of what you owe them.

What is a petition for final distribution?

Final Account The account reflects the beginning balance contained in the inventory, the itemization of all income received and expenses paid by the estate, the distributions from the estate, and the balance of assets left to distribute (if any). A final account always reflects a zero balance of remaining assets.

What is the settlement of completion?

Settlement/Completion Settlement takes place after each party has completed their obligations under the contract. The settlement date (also known as the completion date) may be set a few weeks after both parties sign their contracts.