Monthly Archives: November 2023
The Heggstad Petition Sounds Strange, But Helps A Lot Of People
There are a number of benefits to transferring homes and other real property into a California trust. But unlike many other items that can just be named in the trust, in order for real estate to be transferred into the trust, the official title, deed, recording, and other official documents must be executed and… Read More »
Partition In Probate: What Is It And Will It Affect You?
Let’s imagine that you have a home, and that in your estate documents, you are going to leave that home to your adult kids. Of course, you don’t want to favor one child over another, so you leave the home to all the kids, jointly. When you pass, all the kids are equal co-owners… Read More »
Mistakes Happen, Which Is Why There’s Will Reformations
When we draft any legal documents, including ones related to estate law, we try to make sure those documents are accurate, updated and mistake free. But often mistakes do happen. The problem in probate law is that the person whose will or estate document is being interpreted isn’t around anymore to clarify or correct… Read More »
How Does Generation Skipping Work, And Why Do It?
You may already know that in this country, if you get an inheritance, there is a chance that your estate may have to pay estate taxes if you leave property to your beneficiaries. Thankfully, the current estate tax threshold is about $12,000,000 (meaning that if less than that amount is being left to beneficiaries,… Read More »