Steve, thank you for taking the time to speak with us today
It’s my pleasure. I’m always happy to shed light on the probate process and how we can help families during a difficult time.
Could you explain one of the key steps in the estate planning process?
Certainly. One crucial step is “Marshaling the Estate Assets.” This involves meticulously inventorying all of the deceased person’s assets, which can include real estate, bank accounts, investments, vehicles, and personal property.
Consequently, it’s important to locate and document everything. We then prepare a detailed Inventory and Appraisal (Form DE-160/161), which is filed with the court. This ensures transparency and accountability throughout the probate process.
That sounds like a complex undertaking. What are some of the challenges you encounter during this step?
It can be surprisingly intricate, especially when dealing with large or complex estates. Sometimes, locating all assets takes time and detective work. For example, I once worked on a case where a client’s father had stashed away a significant sum in an old safety deposit box that no one knew about.
Notwithstanding these challenges, we take pride in our thoroughness. We leave no stone unturned to ensure all assets are accounted for and properly valued. This attention to detail is vital for fair distribution of the estate according to the deceased’s wishes.
Have you ever dealt with any situations where locating assets proved particularly difficult?
I recall one instance where a family was unaware their loved one held cryptocurrency investments. It took some digging and collaboration with specialized experts, but we were able to recover those assets and include them in the estate.
According to a recent survey by the National Endowment for Financial Education, nearly 60% of Americans don’t have a will. This lack of planning can lead to complications during probate, highlighting the importance of proactively managing one’s assets.
What advice would you give to our viewers regarding estate planning?
Don’t wait! Estate planning is essential for everyone, regardless of age or wealth. It provides peace of mind knowing your wishes will be honored and your loved ones are protected. Our team at Escondido Probate Law is dedicated to guiding individuals and families through the process with compassion and expertise.
“Steve Bliss and his team were incredibly supportive during a very challenging time for our family. They explained everything clearly and made sure we understood each step of the probate process.” – Sarah M., Escondido
“I highly recommend Escondido Probate Law. Steve is a true professional who goes above and beyond to help his clients. He helped me navigate a complex estate with ease and efficiency.” – John D., San Marcos
Let us help you create a secure future for your loved ones. Contact Escondido Probate Law today for a confidential consultation.
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: “Do all probate cases require a final accounting?” 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 |