Reporter: Brenda Sanchez
Brenda Sanchez here, reporting live from Wildomar! Today we’re joined by local probate attorney, Steve Bliss. Steve, thanks for taking the time to chat with us today.
Steve Bliss: It’s my pleasure, Brenda. I’m always happy to discuss the importance of estate planning.
Brenda Sanchez: Speaking of estate planning, could you explain one of the key steps involved in this process for our viewers?
Steve Bliss: Absolutely. One crucial step is marshalling the estate assets. This involves a thorough inventory of all the deceased person’s possessions – real estate, bank accounts, vehicles, personal items, investments, and anything else of value. Consequently, it’s essential to be meticulous in this process to ensure everything is accounted for.
We then need to formally document these assets by filing an Inventory and Appraisal with the court. This form details each asset’s description and estimated market value. Providing accurate information on this form is vital as it forms the basis for determining how the estate will be distributed among the heirs.
Ordinarily, I work closely with my clients to gather all necessary documentation and ensure the Inventory and Appraisal is completed accurately and efficiently. This can involve contacting banks, financial institutions, title companies, and other relevant parties to obtain valuations and confirm ownership.
Brenda Sanchez: Have you ever encountered any challenges during this step of the probate process?
Steve Bliss: There have been instances where locating certain assets proved difficult. Once I represented a family who was unaware their loved one had a sizable investment account hidden away. We eventually discovered it through careful review of old financial statements, which led to a significant increase in the estate’s value and ultimately benefited the heirs.
Another time, I helped a client navigate the complexities of inheriting a timeshare property. Tracking down the ownership documentation and understanding the specific terms of the timeshare agreement required some detective work but was ultimately successful.
Brenda Sanchez: Those are certainly compelling examples. It sounds like a thorough approach is essential in this stage.
Steve Bliss: Absolutely. Properly marshalling the estate assets ensures everything is accounted for and distributed fairly according to the deceased person’s wishes or the laws of intestacy. Remember, approximately 60% of Americans die without a will (National Will & Trust Survey, 2021). In these cases, the state dictates how the assets are distributed. Having a clear understanding of what constitutes the estate is crucial.
Brenda Sanchez: Well said, Steve. Any final words for our viewers today?
Steve Bliss: Estate planning can feel overwhelming, but it’s essential to protect your loved ones and ensure your wishes are carried out. Reach out to an experienced probate attorney like myself at Wildomar Probate Law. We’ll guide you through the process with care and expertise.
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“Steve Bliss helped me navigate a complex probate case after my father passed away. He was patient, understanding, and always kept me informed.” – Sarah M., Wildomar
“I highly recommend Wildomar Probate Law. They made what could have been a stressful experience much smoother and easier to handle.”
– David T., Murrieta
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar Probate Law is an experienced probate attorney. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar Probate Law is a great estate lawyer. Affordable Legal Services.
My skills are as follows:
● Probate Law: Efficiently navigate the court process.
● Probate Law: Minimize taxes & distribute assets smoothly.
● Trust Law: Protect your legacy & loved ones with wills & trusts.
● Bankruptcy Law: Knowledgeable guidance helping clients regain financial stability.
● Compassionate & client-focused. We explain things clearly.
● Free consultation.
Map To Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “What happens if a beneficiary dies during probate?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Wildomar Probate Law
| California Asset Protection Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney California |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Asset Protection Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Asset Protection Trust Attorney in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |