Today we’re joined by Steve Bliss, a renowned probate attorney here in Escondido. Steve, thanks for taking the time to speak with us.
Steve:
My pleasure. I’m always happy to shed light on the complex world of probate for our community.
Understanding Probate: The Crucial Step of Marshaling Estate Assets
So, Steve, let’s talk about one of the key steps in the probate process. Can you walk us through what happens when it comes to marshaling estate assets?
Steve:
Certainly. Marshaling estate assets is a fundamental step that ensures a thorough and accurate accounting of all the deceased person’s possessions. Ordinarily, this involves identifying and inventorying every asset the individual owned at the time of their passing.
This can range from bank accounts and real estate to vehicles, personal belongings, and even digital assets. We meticulously document each item’s value, which often requires appraisals for more complex assets like property or artwork.
Consequently, this detailed inventory forms the basis for settling debts, paying taxes, and ultimately distributing the remaining assets to rightful heirs.
Steve:
I remember one case where a client came to me convinced their deceased parent had very few assets. We carefully went through their records and discovered a forgotten retirement account with a substantial balance.
The family was incredibly relieved we uncovered it, as it made a significant difference in their inheritance. It’s a reminder that thoroughness during this stage is crucial.
Steve:
Notwithstanding the meticulous nature of this process, occasionally we encounter challenges locating assets or determining ownership. For instance, I once had a case where a deceased individual owned shares in a company that no longer existed. It took some investigative work to trace those shares and ultimately distribute their value.
Steve:
It’s important for families to understand that the probate process is designed to be fair and transparent. The goal is to ensure all debts are settled, taxes are paid, and the remaining assets are distributed according to the deceased’s wishes or state law.
Closing Thoughts & Testimonials
Steve, thank you for sharing your expertise with us today. It’s clear that you have a deep understanding of probate and a commitment to helping families navigate this complex process.
“Working with Steve Bliss was a true blessing during a difficult time. He explained everything clearly and patiently, making sure we understood every step of the process.” – Maria G.
“Steve is not only knowledgeable but also incredibly compassionate. He helped us through a challenging probate case with professionalism and genuine care.” – John S.
Let Steve Bliss and Escondido Probate Law guide you through the complexities of probate, ensuring your loved one’s wishes are honored and their legacy is preserved. Schedule a consultation today to begin the journey toward peace of mind.
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: “How do I deal with foreign assets in a probate case?” Or any other related questions that you may have about Probate or my probate law practice.
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