Strategic Efficiency: Navigating California’s Heggstad Petition for High-Value Estates
Many California families don't discover the gap in their estate plan until it's too late. A multimillion-dollar property sits outside the trust, not because of bad intentions, but because of an incomplete paperwork step. And now it's likely headed for probate. This is where the Heggstad Petition becomes a powerful tool in California estate administration. Filed under California Probate Code Section 850 , this legal mechanism asks a probate judge to confirm that an asset rightfully belongs to the living trust , even though the formal title transfer was never completed. For high-value estates, getting this right is a wealth-preservation strategy. This post covers how assets end up outside a trust, what California probate actually costs, how to prove intent in court, and what the filing process looks like from start to finish. How Assets End Up Outside a Trust A revocable trust only protects what's inside it. The gap between creating a trust and act...