What excuses do people in Los Angeles use to avoid making an estate plan? The same excuses people across the U.S. employ. If your internal argument includes "I'm too young to think about death" or "I'm not wealthy enough to make a will," then it's likely you may die intestate.
The California estate of Hugette Clark remains unresolved two years after the 104-year-old woman's death. Multiple parties, including relatives of the last descendent of a $300 million copper mining fortune never knew, are disputing two wills Clark left behind.
The youngest members of the baby boom generation are celebrating the last year of their 40s. First-born boomers entered retirement age two years ago; they turn 67 this year. The massive generation adds to the 65 and older population at the rate of 10,000 people per day, providing estate planning attorneys with a vast potential client list.
The word "executor" sounds like a title that could enhance a resume. In fact, a person who can handle the responsibilities of a California executor is probably well qualified for many jobs. Estate administrators known as fiduciaries have immense responsibility to a decedent, beneficiaries and probate court.