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We are sometimes contacted by clients who indicate that they believe that their estate is so small that they just need a "simple will." Because they believe that they need a "simple will," they also assume that the legal expenses associated with the preparation of such a will should also be correspondingly simple. There are a number of issues which often make the preparation of a will the most critical planning tool that clients can utilize.

The task of assessing the family assets, the planning that should be done in connection with the disposition of those assets upon death and even the planning that can be done prior to death make the task of preparing a will no easier simply because an estate of a person is "small".

In assisting our clients in preparing a will we help them evaluate the consequences of that estate planning tool versus others that may be available, for example, powers of attorney for asset management or advance health care directives. Additionally, we counsel regarding what will happen if the client is disabled and unable to handle financial matters, as an executor of a will can only act after the clients death and upon appointment by the court. (See these practice areas for more information).

  © Phelps Law Group
  301 N. Lake Avenue, Suite 1002, Pasadena CA 91101
  Tel: 626-795-8844
Servicing Los Angeles and the surrounding cities of: Alhambra, Altadena, Arcadia, Duarte, Eagle Rock,Flintridge,
Glendale, Highland Park, El Sereno, La Canada, Pasadena, Rosemead, San Gabriel, and Sierra Madre.