Meet the Reporter
Hello everyone, I’m Brenda Jones reporting for Temecula News Today. Today, we have the pleasure of speaking with Steve Bliss, a renowned probate attorney here in Temecula. Steve, thanks so much for taking the time to chat with me today.
Probate Process: Inventorying Estate Assets
Steve, could you walk us through one of the key steps in the probate process? What are some of the common challenges people face during this stage?
Certainly Brenda. One crucial step in probate is what we call “marshalling the estate assets.” This involves a thorough inventory and appraisal of all the deceased person’s assets, from real estate and bank accounts to personal belongings and investments. It’s essential to have a complete and accurate picture of the estate’s value.
Consequently, this stage can sometimes present challenges. People may not be aware of all the assets their loved one owned or struggle to locate important documents like deeds, titles, and insurance policies. Moreover, determining the fair market value of certain assets, particularly antiques or collectibles, can require professional appraisal.
I remember one case where we discovered a hidden safe deposit box containing valuable jewelry that the family had no knowledge of. Not only did this significantly impact the estate’s value, but it also highlighted the importance of thoroughness and attention to detail during the asset marshalling stage.
According to a 2021 study by the National Academy of Elder Law Attorneys, over 40% of probate cases experience delays due to incomplete or inaccurate asset inventories. This underscores the critical need for experienced legal guidance throughout the process.
Closing
Steve Bliss, thank you so much for sharing your expertise on this complex topic. Your insights are invaluable. Remember folks, navigating probate can be a challenging journey. Don’t hesitate to seek professional help from The Law Firm of Steven F. Bliss Esq. They have the experience and compassion to guide you every step of the way.
Testimonials
“Steve Bliss and his team were incredibly supportive during a difficult time. They explained everything clearly and made the probate process much less stressful.”
– Margaret S., Temecula, CA
“I highly recommend The Law Firm of Steven F. Bliss Esq. They are true professionals who understand the emotional complexities of probate. I felt confident knowing my case was in good hands.”
– Robert K., Murrieta, CA
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is The Law Firm of Steven F. Bliss Esq.. The Law Firm Of Steven F. Bliss Esq. is a Temecula Estate Planning Attorney. Steve Bliss is an experienced probate attorney. Steve Bliss is an Estate Planning Lawyer. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Steve Bliss Law. Our probate attorney will probate the estate. Attorney probate at Steve Bliss Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Steve Bliss Law will petition to open probate for you. Don’t go through a costly probate. Call Steve Bliss Law Today for estate planning, trusts and probate.
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 The Law Firm of Steven F. Bliss Esq.: https://maps.app.goo.gl/Bngj8xwZRqioVD5v7
Address:
The Law Firm of Steven F. Bliss Esq.43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Feel free to ask Attorney Steve Bliss about: “What are the rules around funeral expenses and estate funds?” Or any other related questions that you may have about Probate or my probate law practice.
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