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Wills
For those who wish to leave property to specific heirs, it is imperative to have a Will drawn up. One issue that prevents many from having this important document prepared is the cost and the time spent in an attorney’s office. At the Law Office of Margaret B. Sharp, these services can be provided either as part of a full estate planning package for California residents or as an online service to any California resident who merely want an attorney to draw up specific legal estate planning documents on their behalf.
Many people avoid creating their estate plan because they believe it is too costly. You can minimize your cost by using our simple “document preparation” service which Ms. Sharp offers as part of her limited scope services. You pay only for those specific documents you need and not for a lot of in-office time.
Going without a Will at all is a mistake because it means that the State of California will determine who gets your property at your death through its intestacy laws. For some people, this may mean that people you do not have a close relationship with or even know may inherit your assets, depending on your circumstances. Will preparation is important whether you have $50,000 or $15,000,000 in assets. Keep in mind, if you die without any estate plan, the court will appoint an Administrator who will be paid a percentage of your assets as a fee for services rendered. Ultimately, this further diminishes the amount of money that will be given to your heirs.
Under California law, anyone who dies without a Will and has assets which are valued more than $150,000 or owns real estate valued at $50,000 or more is subject to having their estate settled through the probate court. You can control who gets your assets by taking the time to prepare a Will today. Note that if you want to avoid probate altogether, you must create and establish a living trust using our full service representation. Contact the Law Office of Margaret B. Sharp at (310) 841-0357 or use our online contact form to discuss your estate planning options.