Today we’re speaking with Steve Bliss, a renowned probate attorney serving the Moreno Valley community. Steve, thank you for taking the time to speak with us today.
Understanding Probate: The Process
Steve, can you walk us through one of the key steps in the estate planning process?
Marshalling Estate Assets
Certainly. One crucial step is marshalling the estate assets. This involves meticulously inventorying all of a decedent’s possessions, from real estate and bank accounts to personal belongings and investments.
Consequently, it’s essential to have a comprehensive understanding of what constitutes an asset. Moreover, we often encounter situations where heirs are unaware of certain assets their loved one possessed. For instance, I once worked with a family who discovered a substantial sum hidden in a safety deposit box – something they had no knowledge of.
Notwithstanding these challenges, accurately identifying and valuing all assets is paramount to ensuring fair distribution among beneficiaries. Ordinarily, we file an Inventory and Appraisal (Forms DE-160/161) with the court detailing each asset and its estimated value.
In fact, a recent study by the American Bar Association found that incomplete or inaccurate asset identification is one of the most common causes for delays in probate proceedings. This underscores the importance of meticulous record-keeping and working with an experienced attorney who can guide you through this process.
Challenges and Triumphs
Have there ever been any unique challenges you’ve faced during this step?
I recall a case where a beloved family heirloom, a vintage painting, was thought to be worthless. After further investigation, we discovered it was actually a highly sought-after piece by a renowned artist. The heirs were overjoyed – they could now honor their loved one’s memory while also securing their financial future.
Seeking Expert Guidance
Thank you for sharing those insights, Steve. What would you advise readers who are navigating the probate process?
Probate can be a complex and emotionally taxing experience. I encourage anyone facing this challenge to seek guidance from a qualified probate attorney. We’re here to help alleviate the burden and ensure your loved one’s wishes are honored.
Testimonials
“Moreno Valley Probate Law provided invaluable support during a difficult time. Their expertise and compassion made the process smoother than I could have ever imagined.”
– Jane D.
“Steve Bliss is a true professional. He patiently explained every step of the probate process and always had my best interests at heart.”
– David S.
Let us navigate this journey with you. Schedule your complimentary consultation today and discover how Moreno Valley Probate Law can help.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley 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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “Can I speed up the probate process?” Or any other related questions that you may have about Probate or my probate law practice.
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