
DEAR COUNSELOR
RE: When You DIE who takes over your practice? Powers? Do you know? Lets Make sure.
When my Father Carl died, I had to wind down Carl’s pharmacy, and he left no guidance no instructions and worst of all had not chosen a pharmacist. Imagine me literally begging pharmacists to help after he died.. Imagine your heirs running your practice without a lawyer. If you are a small firm or solo lawyer and you die or become disabled the State may take over your practice and not protect this asset for your heirs. B&P 6185. To ensure that your law practice is protected as an asset for your heirs you must nominate a California Attorney pursuant to Probate Code Secs.2468, 9764 as your Law Practice Administrator, who must be a California attorney and who can manage your practice to seek to protect the asset for your heirs. (If you are in a small firm you should prepare the appointment in case no partners are active at the time of your disability or death.)
The nomination procedures we accomplish for you will provide for your heirs a law practice administrator and give them power and information necessary to for your practice run after your death or disability. Just like not having a will, not appointing a law practice administrator could lead to the State deciding how to wrap up your practice and reduce the value of an asset for your heirs. All attorneys need to make arrangements for the future management of their own practices which is as important as a will.
I will prepare the forms, consult over the phone for $1500, and organize all the information your heirs will need when the time arises. If you have questions about who to nominate let me know.
Call me toll free at 1-800-529-7866 (fax 1-877-529-7866, email peterstone@cwo.com)
Sincerely,
PETER ROBERT STONE
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