Massachusetts General Laws ch. 202 sec. 1 – Realty; sale to satisfy debts
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Section 1. If the personal property of a deceased person is insufficient to pay his debts, legacies and charges of administration, his executor or administrator shall, for the purpose of paying such debts, legacies or charges of administration, sell his real estate in the manner hereinafter provided, and the proceeds thereof shall be assets in the hands of the executor or administrator in like manner as if they had originally been part of the personal property of the deceased.
Terms Used In Massachusetts General Laws ch. 202 sec. 1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Executor: A male person named in a will to carry out the decedent
- Personal property: All property that is not real property.