In this lesson, we’ll learn about the role of nonprobate transfers in estate planning and administration.

A nonprobate transfer is a transfer of property made outside the probate process, either during the donor’s lifetime or upon the donor’s death. A nonprobate transfer is not subject to the personal representative’s control, and it can allow a faster and easier transfer of assets to the donee.

Nonprobate transfers can be made through inter vivos gifts or through so-called will...