Planning to transfer wealth and assets to an individual’s family during the individual’s life and at their death is an important consideration that requires efficient, thorough, and personalized planning.This involves determining not only the proper amount and type of assets to be left for each family member or beneficiary, but the proper method by which to transfer those assets. The purpose is to safeguard not only those assets, but the overall wellbeing of each family member receiving those assets. Proper planning must include minimizing transfer taxes, probate costs, and court involvement. Although family wealth and estate planning is structured to take effect at death, lifetime planning is important. In certain situations, a plan that incorporates lifetime family or charitable gifting is integral to maximizing the overall objectives just described.
When we represent a family member who has recently lost a loved one and is going through the probate process, we understand the sensitive nature of this planning process. The attorneys in Carlile Patchen & Murphy LLP’s Family Wealth & Estate Planning Group strive to thoughtfully guide the survivors of a deceased loved one through the probate process.
The trust, estate planning and probate lawyers in our Family Wealth & Estate Planning Group have over 300 years of demonstrated and recognized experience at the highest level of professional expertise in helping and guiding our clients through the process of protecting their families and their assets. Our attorneys consist of attorneys with the Estate Planning, Trust, and Probate Law (EPTPL) Specialist Certification, Fellows of the American College of Trust and Estate Counsel (ACTEC), and authors of BNA Portfolios.