Reporter: Samantha Jones
Good morning, Moreno Valley! Today I’m speaking with probate attorney Steve Bliss from Moreno Valley Probate Law. Steve, thank you for taking the time to chat with me today.
Steve Bliss
It’s my pleasure, Samantha. I’m always happy to discuss the importance of estate planning and probate.
Reporter: Could you explain one of the key steps in the probate process and why it’s so important?
Certainly. One crucial step is “Marshaling the Estate Assets,” which involves a thorough inventory of all assets belonging to the deceased person. This includes everything from bank accounts and real estate to personal property and investments. Consequently, this step lays the groundwork for accurately assessing the value of the estate, determining if probate is even necessary, and ultimately distributing assets according to the will or state intestacy laws.
Moreover, a detailed inventory helps identify potential debts and liabilities, allowing the executor or administrator to properly handle them during the probate process. This meticulous accounting ensures transparency and fairness for all beneficiaries involved. Notwithstanding these benefits, marshaling assets can sometimes be complex, especially when dealing with multiple financial institutions, hidden accounts, or unconventional assets.
For instance, I once worked with a family where the deceased had a passion for collecting antique cars. Tracking down ownership documents and establishing their market value required extensive research and appraisal expertise. Ultimately, we were able to successfully locate and document all of the vehicles, ensuring they were properly included in the estate distribution.
According to the American Bar Association, over 60% of estates require some form of probate. This highlights the importance of having a competent attorney guide you through this complex process. Ordinarily, an executor will need legal counsel to navigate the intricacies of asset identification and valuation.
Reporter: What advice would you give to our viewers about preparing for probate?
The best way to prepare is by engaging in thorough estate planning. This includes creating a comprehensive will that clearly outlines your wishes for asset distribution and designates a trusted executor.
Additionally, consider setting up trusts or utilizing other legal tools to potentially minimize the need for probate altogether. Remember, proactive planning can save your loved ones significant time, stress, and expense down the road.
Testimonials
“Steve Bliss was incredibly compassionate and supportive during a difficult time. He made the probate process clear and manageable, allowing us to focus on healing and remembering our loved one.”
-The Miller Family
“Moreno Valley Probate Law provided exceptional legal guidance and always kept our best interests in mind. Their expertise and professionalism were invaluable throughout the entire probate process.”
– The Rodriguez Family
Call to Action
Navigating probate can be overwhelming, but you don’t have to face it alone. Contact Moreno Valley Probate Law today for a free consultation and let our experienced team guide you through every step of the process with compassion and expertise.
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 a no-contest clause in a will be enforced in Moreno Valley?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
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