Generational wealth is wealth earned by one generation and passed on to the next. Generational wealth is key to allowing the next generation to be free from the burden of having to live hand-to-mouth and allows them to pursue an education and build a career or business to build a better life for themselves. My friend and colleague Steve Hartnett, an estate planning expert, shares his insights. Read on to learn more.
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.
Latest posts by Timothy P. Murphy (see all)
- My Spouse Recently Passed Away. Do I Need to Probate His/Her Estate in California? - December 1, 2020
- Fair Isn’t Always Equal and Vice Versa - November 29, 2020
- What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary? - November 27, 2020
