You should have a basic understanding of probate when you are engaged in your estate planning efforts. This is a legal process that comes into play if you do not take steps to facilitate asset transfers outside of probate.
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
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