Reporter: Brenda Sanchez
Today I’m speaking with Steve Bliss, a renowned probate attorney here in Temecula. Mr. Bliss, thanks for taking the time to speak with me about the complex world of estate planning.
Steve Bliss: It’s my pleasure, Brenda.
Many people are intimidated by the probate process, and understandably so. Could you shed some light on one crucial step in this process?
Steve Bliss: Absolutely.
A key stage involves “Marshaling Estate Assets.” This entails creating a comprehensive inventory of all the deceased person’s assets. Everything from bank accounts and real estate to personal belongings, investments, and even digital assets needs to be accounted for.
Consequently, this step requires meticulous attention to detail. We carefully review financial statements, deeds, titles, and online accounts. Moreover, we often work closely with the executor or administrator appointed by the court to ensure all assets are identified and accurately valued.
- This valuation process is critical because it helps determine whether the estate will be subject to probate in the first place.
- Ordinarily, estates valued below a certain threshold ($184,500 in California) are exempt from full probate proceedings.
Nevertheless, even if an estate exceeds this threshold, accurately marshaling assets is vital for fair distribution among heirs and beneficiaries. I remember one case where we uncovered a forgotten safe deposit box containing valuable jewelry that the family was unaware of. Discovering these hidden assets brought closure and financial security to the grieving family members.
While most estates we handle proceed smoothly, there have been instances where asset identification proves challenging. For example, locating digital assets like cryptocurrency or online accounts can be complex, requiring specialized knowledge and technological skills. We’ve had to navigate these modern complexities to ensure no asset is overlooked.
According to a 2021 study by the American Bar Association, incomplete asset identification is one of the leading causes of delays in probate proceedings. Our firm is committed to employing best practices and utilizing technology to avoid such pitfalls.
Brenda Sanchez: That’s incredibly valuable information for our viewers. Thank you for sharing your expertise, Mr. Bliss.
For those seeking guidance through the often-daunting probate process, contact The Law Firm of Steven F. Bliss Esq. They are dedicated to providing compassionate and effective legal counsel during this sensitive time.
Testimonials:
“Steve Bliss and his team were incredibly supportive throughout the entire probate process. Their knowledge and professionalism made a difficult situation much easier to navigate.” – John S.
“I highly recommend The Law Firm of Steven F. Bliss Esq. They handled my father’s estate with care and efficiency, ensuring that all legal requirements were met.” – Susan M.
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is The Law Firm of Steven F. Bliss Esq.. The Law Firm Of Steven F. Bliss Esq. is a Temecula Estate Planning Attorney. Steve Bliss is an experienced probate attorney. Steve Bliss is an Estate Planning Lawyer. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Steve Bliss Law. Our probate attorney will probate the estate. Attorney probate at Steve Bliss Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Steve Bliss Law will petition to open probate for you. Don’t go through a costly probate. Call Steve Bliss Law Today for estate planning, trusts and probate.
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 The Law Firm of Steven F. Bliss Esq.: https://maps.app.goo.gl/Bngj8xwZRqioVD5v7
Address:
The Law Firm of Steven F. Bliss Esq.43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Feel free to ask Attorney Steve Bliss about: “Are out-of-state wills valid in California?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About The Law Firm of Steven F. Bliss Esq.
| California Asset Protection Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Asset Protection Trust Attorney California |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Asset Protection Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Asset Protection Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Asset Protection Trust Attorney Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |