Have You Ever Wondered?

  • No matter your age, you should plan for the unexpected. Any person over 18 years old should have a durable power of attorney, an advance health care directive, a living will, and HIPAA authorization. If you own property in California or have minor children, you should put your estate plan in place.

  • In California, If you own real property or other assets of significant value, you need a living trust. If you own over $184k in assets, you need a trust.

  • There are different types of probates at different lengths and costs, depending on how much the property is worth. Probate can take a year to two years and can be five to ten percent of the estate. If the estate is worth more than $150k, it usually ends up in probate court. The fees to administer probate are statutory, meaning set and imposed by law. Here are some examples of statutory fees:

    $500,000 estate will pay $26,000

    $1,000,000 estate will pay $46,000

    $2,000,000 estate will pay $66,000

    $5,000,000 estate will pay $126,000

    Court costs and other fees add an additional several thousand dollars to the statutory (and extraordinary) legal fees to make Probate Administration notoriously expensive in addition to being very time-consuming and public.

Protect Your Kids Should the Unthinkable Should Happen

  • Naming someone a godparent is not enough. Without a concrete plan, someone who may not be your ideal choice will be appointed for you. 

  • While the child’s grandparents or babysitter may know your child’s allergies, do they have the authorization to make medical decisions at the emergency room?

  • On Point Estate Law, Inc., is proud to offer virtual estate planning throughout California, a convenient option for busy individuals and families balancing work and life.

    $500,000 estate will pay $26,000

    $1,000,000 estate will pay $46,000

    $2,000,000 estate will pay $66,000

    $5,000,000 estate will pay $126,000

    Court costs and other fees add an additional several thousand dollars to the statutory (and extraordinary) legal fees to make Probate Administration notoriously expensive in addition to being very time-consuming and public.

Have More Questions?

Feel free to reach out! We are happy to answer any questions you might have.