Sunday, August 23, 2009

California Heggstad Petition

When a person's property has been placed in a living trust prior to death, that property can be transferred directly to heirs and beneficiaries upon death without the time and expense of a probate proceeding. However, sometimes people fail to include all of their property in the trust before they die. When this happens, a simplified form of probate known as a Heggstad petition may be available in California for property left outside of the trust. While a full probate proceeding takes a minimum of seven months and costs up to 6 percent of the property, a Heggstad petition can be completed in two months and often costs less than $1,500.

At the Law Offices of Artin Yadegarian, we help heirs and beneficiaries prepare a Heggstad trust petition. Please contact us for a free consultation. We are here to help you with all your estate planning needs.

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Is it worth it?

Is it worth it to hire an attorney to draft your estate planning documents?

According to Kiplinger.com, its worth it. Kplinger.com has posted a 10 question quiz about whether its worth it.

One of the questions is about wills: Is it worth it to hire an attorney to draw up a will? Kiplinger.com says yes, it is worth it to hire an attorney. Take the quiz yourself and find out!

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