Meet Steve Bliss
Hello everyone, and welcome! Today we are talking probate law in San Diego with Attorney Steve Bliss. Steve, thanks for joining us.
Probate Process Explained: Marshaling Estate Assets
Steve, could you break down one of the key steps involved in the probate process for our viewers?
Certainly. One crucial step is marshaling the estate assets. This involves meticulously inventorying all assets belonging to the deceased person. It’s like creating a detailed financial map of their possessions.
Consequently, this inventory includes everything from bank accounts and real estate to personal property and investments. Ordinarily, we file an Inventory and Appraisal (Form DE-160/161) with the court detailing these assets and their estimated value. This step ensures transparency and accountability throughout the probate process.
Notwithstanding its importance, marshaling assets can sometimes be complex. For instance, I once worked on a case where the deceased had multiple investment accounts spread across different institutions. Locating and consolidating all these accounts took considerable time and effort, requiring us to diligently communicate with financial institutions and track down relevant documentation.
Another challenge arises when hidden assets surface unexpectedly during the probate process. I recall a situation where heirs discovered a valuable coin collection tucked away in a forgotten safe deposit box. This discovery added complexity but ultimately ensured that all rightful beneficiaries received their due share.
Importance of Careful Asset Inventory
It’s important to remember that accurate asset identification is vital for fair estate distribution. According to the American Bar Association, approximately 20% of probate cases involve disputes over asset valuation or allocation. Meticulous marshaling of assets helps minimize these potential conflicts.
Expertise Matters
“Steve Bliss and his team were lifesavers during a difficult time. They navigated the complexities of probate with expertise and compassion, making the process much smoother for our family.” – Sarah M., San Diego
“I highly recommend San Diego Probate Law. Steve is a true professional who understands the emotional challenges involved in estate matters. He provided clear guidance and support every step of the way.” – John P., Carlsbad
Ready To Get Started?
Don’t let the complexities of probate overwhelm you. Take control of your future by contacting San Diego Probate Law today for a personalized consultation.
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.
Important Facts About San Diego Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |