In this post, we are going to look at the Heggstad petition that can be used in the state of California. It is relevant from an estate planning perspective because it can be useful in some cases when a revocable living trust has been created. Let’s look at the living trust from an overview before […]
Estate Planning
An Estate Planning Primer
Caring.com is a popular website that has been conducting annual surveys to gauge estate planning preparedness. They consistently find that two out of every three American adults do not have estate plans in place. Researchers drill down further and ask additional questions to gain insight. When these people are asked why they did not take […]
Prepare – Estate Tax Exclusion Will Plummet in 2026
The news about taxes on inheritances is surprisingly positive for the most part. An inheritance is not considered to be taxable income, and appreciated assets get a stepped-up basis when they are inherited. This means that the inheritor is not responsible for capital gains taxes. On the bad news side of the coin, there is […]
How To Avoid Problems With Trusts
Trusts are an incredibly valuable estate planning tool, but you shouldn’t overlook the potential disadvantages alongside the many benefits. It’s important to think about the downsides of trusts before deciding whether a trust is the right vehicle for you. Then, if you create a trust as part of your estate plan, you’ll know how […]
Estate Planning for Single Mothers: Cover These Essential Bases
When you are a single mother (or single parent), you have a huge set of responsibilities on your shoulders, and preparing for the unthinkable is one of them. In this post, we will look at estate planning for single mothers and the steps you can take to protect your children. Guardian Designation First and foremost, […]
Incapacity Planning Can Prevent a Conservatorship
A lot of people think estate planning boils down to the facilitation of postmortem asset transfers and nothing more. In fact, a properly constructed estate plan will address eventualities you may face toward the end of your life. Incapacity planning is key, and we will explain why in this post. Life Expectancies You may not […]







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