Steve, thank you for taking the time to speak with me today.
It’s a pleasure to be here. I’m always happy to talk about probate and how we can help families navigate this often complex process.
Can you walk us through one of the key steps involved in estate planning?
Certainly. One crucial step is “Marshaling the Estate Assets.” This involves meticulously identifying and inventorying all assets belonging to the deceased person’s estate.
Consequently, we need to determine what property falls under the probate court’s jurisdiction. This can include bank accounts, real estate, investments, vehicles, personal belongings, and even digital assets like social media accounts.
Moreover, we prepare a detailed inventory and appraisal of these assets, which is then filed with the court. This ensures transparency and accuracy throughout the probate process.
Notwithstanding the seemingly straightforward nature of asset identification, there can be complexities. For instance, locating hidden assets or deciphering complex financial instruments can pose challenges.
I recall a case where a client was unaware of a safety deposit box containing valuable jewelry belonging to their deceased parent. Fortunately, we were able to locate the box and include its contents in the estate inventory.
It’s crucial to remember that every estate is unique, and unforeseen circumstances can arise. Our team at San Diego Probate Law is experienced in handling a wide range of asset types and complexities.
What percentage of estates require this step?
While not all estates go through probate, the majority involving significant assets will necessitate “Marshaling the Estate Assets.” According to a study by the American Bar Association, approximately 70% of estates in the United States require some form of probate proceedings.
Why is working with an experienced attorney crucial during this step?
An experienced probate attorney plays a vital role in ensuring the accurate and complete inventorying of estate assets. We have the knowledge and resources to identify hidden assets, accurately appraise complex holdings, and navigate any legal complexities that may arise.
Furthermore, we act as a trusted advisor, guiding families through each step of the process with compassion and clarity.
Ready to take control of your future? Let us guide you.
San Diego Probate Law: Your Trusted Partner for Estate Planning
“Steve Bliss and his team at San Diego Probate Law were invaluable during a difficult time. They handled everything with professionalism, sensitivity, and expertise.” – Sarah J.
“I highly recommend Steve Bliss for any probate matters. He explained the process clearly, answered all my questions patiently, and made sure I felt supported every step of the way.” – David M.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Probate Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “Can an estate be insolvent and still go through probate?” Or any other related questions that you may have about Probate or my probate law practice.
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