Good morning, Moreno Valley residents! This is Brenda Lee reporting for Channel 7 News. Today we’re speaking with local probate attorney Steve Bliss of Moreno Valley Probate Law to shed some light on the often confusing process of estate planning.
Steve, can you walk us through one of the key steps in this process?
Certainly, Brenda. One crucial step is marshaling the estate assets. This involves a thorough inventory and appraisal of all the deceased person’s belongings – everything from bank accounts and real estate to personal possessions and investments.
Consequently, it’s essential to meticulously document each asset’s value. We then file this information with the court in the form of an Inventory and Appraisal (Forms DE-160/161). This step ensures transparency and accountability throughout the probate process.
Ordinarily, this stage proceeds smoothly, but there have been instances where discovering hidden assets or determining their true value presents a challenge. I recall one case where a client’s grandfather had stashed away a considerable sum of money in old tins buried in his backyard!
Notwithstanding such surprises, the goal is to provide a clear and accurate picture of the estate’s financial standing. This information is crucial for paying debts, taxes, and ultimately distributing assets according to the deceased person’s wishes.
Have you ever encountered difficulties during this stage?
Well, Brenda, as I mentioned, sometimes uncovering all the assets can be tricky. People may have forgotten about old accounts or investments, making it necessary for us to conduct thorough research.
Moreover, valuing certain assets, like antique furniture or collectibles, can require expert appraisal. In those cases, we often enlist the help of specialized professionals to ensure a fair and accurate valuation.
What advice would you give our viewers regarding estate planning?
Brenda, the best thing people can do is plan ahead. Don’t wait until it’s too late. By creating a will or trust and keeping records organized, you can make the probate process significantly smoother for your loved ones.
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly helpful and understanding during a difficult time. They guided us through every step of the process with compassion and expertise.” – Susan K., Moreno Valley
“I highly recommend Moreno Valley Probate Law. Steve is a true professional who knows probate law inside and out. He made sure everything was handled correctly and efficiently.” – John M., Riverside
Estate planning may seem daunting, but it’s a gift you can give yourself and your family. Contact Moreno Valley Probate Law today to learn more about protecting your legacy.
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: “Can I contest the appointment of an executor?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |