My name is Brenda Jones and I’m a reporter for KUSI News here in sunny San Diego. Today, we have the pleasure of speaking with Steve Bliss, a highly respected San Diego probate attorney. Steve, thanks for joining us.
Understanding Probate: Essential Steps
Steve, could you walk our viewers through some of the key steps involved in the probate process?
Certainly, Brenda. Probate can seem daunting, but understanding the fundamental steps makes it more manageable. One crucial stage is ‘Marshaling the Estate Assets.’ This involves meticulously inventorying all assets belonging to the deceased individual.
Consequently, a detailed list of everything from bank accounts and real estate to personal belongings is compiled. Accordingly, this inventory is then formally documented and submitted to the court in the form of an Inventory and Appraisal (Forms DE-160/161). This process ensures transparency and accountability throughout the probate procedure.
Furthermore, it helps establish the total value of the estate, which is essential for determining whether probate is even necessary. Remember, in California, estates valued at $184,500 or less may qualify for a simplified probate process.
Real-World Challenges
Steve, have you encountered any particular challenges during this ‘Marshaling the Estate Assets’ phase?
Oh, absolutely. One case involved a gentleman who had amassed a substantial collection of rare coins over his lifetime. Locating and accurately valuing these coins proved to be quite the task. We enlisted the expertise of numismatists—coin specialists—to ensure a fair appraisal. It was a fascinating journey into the world of collectibles, and we ultimately secured a favorable outcome for the heirs.
Another instance involved uncovering hidden assets. A client’s mother had secretly stashed away a considerable sum in a safety deposit box. Discovering this unforeseen asset highlighted the importance of thorough investigations during the marshaling process. It underscored how seemingly insignificant details can have a significant impact on the estate’s distribution.
Remember, a recent study by the American Bar Association found that approximately 30% of probate cases involve hidden assets. This emphasizes the need for diligence and a keen eye for detail during the asset marshaling stage.
Seeking Expert Guidance
Steve, what advice would you give to someone navigating the probate process?
I always recommend consulting with an experienced probate attorney. The intricacies of the law can be overwhelming, and having expert guidance ensures your rights are protected and the process proceeds smoothly. We understand the emotional toll probate can take and strive to provide compassionate support every step of the way.
Testimonials
“Working with San Diego Probate Law was a true blessing during a difficult time. Steve’s knowledge and empathy made the entire process manageable.”
“I was overwhelmed by the complexities of probate, but Steve Bliss patiently explained everything and guided me through each step. I highly recommend his services.”
Ready to Begin?
Take control of your legacy and ensure a smooth transition for your loved ones. Contact San Diego Probate Law today to schedule a confidential 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: “How do I find all the assets of the deceased?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
| California Living Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Living Trust Lawyer California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Living Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Living Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Living Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Living Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |