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Probate or estate administration is the process through which estate assets are transferred after death. When probate avoidance planning has not been implemented prior to death, the state usually will require a probate court proceeding if the deceased was a resident or owned assets in the state.

ESTATE PLANNING

TRUST AND ESTATE ADMINISTRATION

ESTATE AND GIFT TAX PLANNING

There are basically three types of transfer taxes imposed on the transfer of property from one person to another: (1) death taxes (estate taxes or inheritance taxes), (2) gift taxes, and (3) generation-skipping transfer tax.

There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable trusts, durable powers of attorney, and health care documents.