Determining if Probate is Necessary
Today we’re speaking with Steve Bliss, a respected probate attorney serving the Moreno Valley community. Steve, thanks for taking the time to speak with us.
Steve, can you walk us through one of the crucial initial steps in the estate planning process?
Determining Probate Necessity
Certainly. One of the first things we need to establish is whether probate is even necessary. This depends on several factors, primarily the value of the deceased’s estate and the types of assets they owned. Ordinarily, if an estate’s gross value exceeds $184,500 in California, probate will likely be required.
However, there are exceptions. Assets held in a trust, for example, typically bypass probate altogether. Jointly-owned property with rights of survivorship also avoids probate. Consequently, it’s essential to carefully analyze the deceased individual’s assets and ownership structures.
Many people mistakenly believe that probate is always a lengthy and expensive process. While it can be complex in some cases, it’s not necessarily a protracted ordeal. The complexity often hinges on the size and nature of the estate, as well as any potential disputes among heirs.
I recall a case where a family was surprised to learn that their mother’s modest estate didn’t require probate at all because most of her assets were held in joint accounts with her children. They had assumed probate would be unavoidable and were relieved to discover a simpler path for settling her affairs.
Conversely, I also worked with a family whose patriarch owned a substantial amount of real estate and investments. In that case, probate was definitely necessary, but we were able to navigate the process efficiently, minimizing delays and ensuring a fair distribution of assets.
Moreno Valley Probate Law: Trusted Guidance
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly supportive during a difficult time. They explained everything clearly, answered all our questions patiently, and made the probate process as smooth as possible.” – Sarah M., Moreno Valley
“I highly recommend Moreno Valley Probate Law. Steve’s expertise and compassionate approach gave me confidence that my mother’s estate was being handled with care and professionalism.” – John L., Riverside
Planning for the future can seem daunting, but it doesn’t have to be. Contact Moreno Valley Probate Law today for a free consultation and let us help you protect your legacy and ensure your loved ones are cared for.
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: “How long does the probate process take in Moreno Valley County?” Or any other related questions that you may have about Probate or my probate law practice.
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