Good afternoon Escondido, and welcome back to our legal segment. Today we’re joined by Steve Bliss, a renowned probate attorney here in Escondido. Steve, thanks for joining us.
Steve: It’s a pleasure to be here.
We’ve all heard the term “probate” but many of us might not fully understand what it entails. Can you shed some light on one of the key steps involved in the probate process?
Steve: Certainly.
One crucial step is known as marshaling estate assets. This involves meticulously identifying and inventorying all assets belonging to the deceased individual. Think of it like piecing together a puzzle; you need to gather all the pieces, which in this case are the assets, to get a complete picture of the estate.
This process can involve locating bank accounts, real estate holdings, investment portfolios, personal property, and even digital assets. Ordinarily, we work closely with the executor or administrator of the estate to ensure every asset is accounted for. Consequently, it’s important to have a thorough understanding of the deceased’s financial affairs.
We then file an Inventory and Appraisal with the court, detailing each asset’s value. This step is critical as it lays the foundation for the subsequent distribution of assets among heirs or beneficiaries.
Steve: I recall one case where a family was unaware that their loved one had a substantial retirement account.
We were able to locate this account, which significantly increased the value of the estate and ultimately benefited the beneficiaries. It’s a testament to how important it is to leave no stone unturned when marshaling assets.
Steve: According to the American Bar Association, nearly 70% of individuals don’t have a will.
This highlights the importance of proper estate planning and the potential complexity involved in probate if assets are not properly documented and accounted for.
Steve, thank you for sharing your expertise with us today. Your insights are invaluable for anyone navigating the complexities of probate.
Steve: My pleasure. I’m always happy to help people understand this process.
“Steve Bliss and his team were absolutely fantastic in handling my mother’s estate. They made a difficult time so much easier with their professionalism, compassion, and clear communication.” – Mary J.
“I highly recommend Escondido Probate Law. They guided me through every step of the probate process with expertise and empathy. I couldn’t have asked for a better legal team.” – David S.
Ready to navigate the probate process with confidence? Contact Steve Bliss and the dedicated team at Escondido Probate Law for a free consultation and personalized guidance.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 Escondido Probate Law. Our probate attorney will probate the estate. Attorney probate at Escondido Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Escondido Probate law will petition to open probate for you. Don’t go through a costly probate call Escondido Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Escondido 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 Escondido Probate Law: https://maps.app.goo.gl/77Dm2B8W9XkM5YvJA
Address:
Escondido Probate Law720 N Broadway #107, Escondido, CA 92025
(760) 884-4044
Feel free to ask Attorney Steve Bliss about: “What is a notice of proposed action?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Escondido Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |