California Estate Planning
Welcome to the virtual office of the Norris Law Firm! Being here is a great first step toward ensuring that your future, and that of your family, will be secure. Whether you are just beginning to plan your estate, or changing circumstances require updates to your existing plan, you’ve come to the right place.
Estate Planning: Who Needs It?
The fact is, you already have an estate plan whether you know it or not. In California, the assets of people who pass away without wills go to specific relatives spelled out by law, regardless of the wishes of the deceased or the needs of the survivors. This is called “intestate succession.”
In California we have extremely high property values that can result in very hefty taxes when properties change ownership, even within families. In addition, the court-allowed fees for probating a will with high-priced property can be surprisingly high. The fees for probating an estate worth $200,000 can exceed 1 hour cash advance lenders $7,000. An estate worth $1,000,000 can cost more than $23,000 to probate. For many people an estate plan with one or more trusts can be used to avoid probate fees, as well as the 12-18 months it takes to probate a will. There are also significant savings, or elimination of stepped-up property taxes and estate taxes.
That’s Where We Come In.
Using cookie-cutter wills or do-it-yourself trusts out of a book can be a costly mistake, specially in California with our flexible property system. Every person is different, and every person’s circumstances are different. We’ll provide the legal horsepower to see that your specific Estate Planning needs are met for a very reasonable fee. You will always receive a firm quote and will know exactly what you are getting in return.
Feel free to browse our website, where we answer some frequently asked questions, explain more about our services, and give you the chance to get to know us. 1 000 dollar payday loan Remember, your initial consultation is free, so don’t hesitate to call or email us! We can arrange evening and weekend appointments to suit your schedule. We’re here to help.
DocuBank provides emergency access to your healthcare directives, 24/7/365, online and via phone or fax. We include DocuBank as part of our estate planning services to ensure that your living will, healthcare power of attorney and other medical directives will be available at the hospital when you need them, where you need them.
Be sure to carry your DocuBank Emergency Card in your wallet — next to your driver’s license or health insurance card — at all times. You should also periodically update your emergency contact and medical information stored with DocuBank. To do so, simply click here or on the DocuBank logo. For more information on this valuable service, visit www.DocuBank.com.