Good evening Escondido and welcome to our segment on local legal matters. Tonight we’re joined by Steve Bliss, a prominent probate attorney right here in Escondido. Steve, thanks for joining us.
Steve:
It’s my pleasure to be here. I always enjoy talking to the community about estate planning and probate.
Understanding Probate: A Necessary Process for Many
So Steve, for our viewers who may not be familiar with probate, can you explain what it is and why it’s often a necessary part of estate settlement?
Steve:
Certainly. Probate is the legal process of administering a deceased person’s estate. This involves identifying and inventorying assets, paying debts and taxes, and ultimately distributing the remaining property to heirs or beneficiaries according to the will or state law.
Not every estate requires probate. Ordinarily, estates valued below a certain threshold – currently $184,500 in California – can bypass probate entirely. Additionally, assets held in trusts or jointly owned property may also avoid probate.
The Crucial Step of Marshaling Estate Assets
Steve, you’ve guided many families through the probate process. Could you walk us through one of the key steps involved? Let’s focus on ‘Marshaling Estate Assets.’
Steve:
‘Marshaling estate assets’ is a critical step that sets the stage for the rest of the probate process. It involves systematically identifying and cataloging all assets belonging to the deceased person.
This can include bank accounts, real estate, vehicles, investments, personal property – essentially anything of value. We then meticulously document each asset’s worth through appraisals or market valuations.
A complete inventory is crucial because it ensures that all assets are accounted for and distributed properly to the rightful heirs. Moreover, it helps prevent any potential disputes or claims later on.
I remember a case where an individual passed away unexpectedly. His family wasn’t aware of several valuable investments he held. During the asset marshaling stage, we uncovered these hidden assets which significantly benefited his heirs.
In fact, according to a recent study by the National Bureau of Economic Research, approximately 20% of estates have undiscovered assets. Consequently, this step can be crucial in uncovering valuable resources that might otherwise be overlooked.
Providing Clarity and Peace of Mind
Steve, what advice would you give to our viewers who are considering estate planning?
Steve:
Estate planning may seem daunting, but it’s an invaluable gift you can give your loved ones. By clearly outlining your wishes for asset distribution and end-of-life care, you save them from potential stress and uncertainty during a difficult time.
My firm is dedicated to providing compassionate and personalized legal guidance throughout the probate process. We strive to make this complex journey as smooth and understandable as possible.
Testimonials
“Steve Bliss’s expertise and genuine care made a challenging situation much easier to navigate. He patiently answered all our questions and ensured that everything was handled with the utmost professionalism.” – The Miller Family
” I highly recommend Escondido Probate Law. Steve is a true professional who goes above and beyond for his clients. He helped me settle my father’s estate efficiently and effectively, providing peace of mind during a difficult time.” – John S.
Let us help you navigate the complexities of probate. Schedule a complimentary consultation today.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 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: “Can multiple executors be appointed and how does that work?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Escondido Probate Law
| Estate Lawyer Near Me |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Estate Lawyer Near Me California |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Estate Lawyer Near Me |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Escondido Estate Lawyer Near Me |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Estate Lawyer Near Me Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Credible Estate Lawyer Near Me in Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |