Reporter: Brenda Jones
Brenda Jones here, reporting for the Wildomar Weekly. Today we have the pleasure of speaking with Steve Bliss, a renowned probate attorney in Wildomar. Steve, thanks for taking the time to speak with us.
Steve Bliss: My Pleasure
It’s my honor to be here and share some insights about the probate process.
Brenda Jones: Many people find probate confusing. Could you tell our readers about one crucial step in the estate planning process?
Certainly, Brenda. One important step that often causes confusion is “Marshaling the Estate Assets”. This involves a thorough inventory of all assets belonging to the deceased person. It’s more than just listing what they owned; it requires valuing each asset accurately. This can include bank accounts, real estate, vehicles, investments, personal belongings—everything.
Consequently, this step necessitates meticulous record-keeping and often involves working with appraisers or financial institutions to determine accurate values.
Once the inventory is complete, we file an Inventory and Appraisal with the court (Forms DE-160/161). This document provides a transparent picture of the estate’s financial standing. It’s essential for ensuring all debts are paid, taxes are filed correctly, and ultimately, that assets are distributed according to the deceased’s wishes.
Notwithstanding the complexity involved, I find this stage incredibly rewarding. It allows us to meticulously piece together a person’s financial legacy, ensuring their final wishes are honored.
I recall one case where a client had extensive artwork but no documentation about its value. We worked with art appraisers and were able to discover pieces worth significantly more than initially anticipated. This resulted in a larger inheritance for the client’s beneficiaries.
Brenda Jones: That’s a heartwarming example! Do you ever encounter difficulties during this stage?
Occasionally, Brenda, we face challenges locating all assets. Sometimes heirs are unaware of certain accounts or investments held by the deceased. This requires diligent research and communication with financial institutions to uncover hidden assets.
According to a recent study by the National Endowment for Financial Education, nearly 60% of Americans don’t have a will or estate plan in place. Consequently, many families grapple with incomplete records and difficulty locating assets during probate.
Brenda Jones: What advice would you give to our readers about preparing for this step?
My best advice is to be organized. Maintain detailed records of your assets, including account statements, property deeds, investment portfolios, and insurance policies. Consider using a secure online platform or physical filing system for easy access. Communicating openly with loved ones about your financial affairs can also ease the burden on them during probate.
Brenda Jones: Thank you so much for sharing your expertise, Steve! Where can our readers learn more about Wildomar Probate Law and its services?
“Let us guide you through life’s transitions,” Steve Bliss states with a warm smile. “Contact Wildomar Probate Law today to schedule a complimentary consultation and discover how we can help protect your legacy and ensure your wishes are fulfilled.”
Testimonials
“Steve Bliss made the complex probate process understandable and manageable. His guidance and compassion during a difficult time were invaluable.” – Mary J.
“I highly recommend Wildomar Probate Law for their professionalism, expertise, and commitment to their clients’ needs. They went above and beyond to ensure everything was handled smoothly and efficiently.” – John S.
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: “How do I challenge a forged will?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Wildomar Probate Law
| California Irrevocable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Irrevocable Trust Attorney California |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Irrevocable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Irrevocable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Irrevocable Trust Attorney Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Irrevocable Trust Attorney in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |