Steve, thank you for joining us today to discuss probate in San Diego.
It’s my pleasure to be here and help clarify the probate process for your viewers.
Could you explain one of the key steps involved in estate planning?
Certainly. One crucial step is marshaling the estate assets. This involves meticulously inventorying all of a deceased person’s possessions, from bank accounts and real estate to personal belongings. Consequently, it’s important to identify and document every asset belonging to the estate.
Why is this step so important?
Marshaling estate assets ensures that all property is accounted for and distributed according to the decedent’s wishes or state law. Moreover, a comprehensive inventory helps avoid disputes among heirs and beneficiaries by providing transparency throughout the process.
It also plays a critical role in determining whether the estate owes any taxes.
What happens after the assets are inventoried?
After everything is cataloged, we file an Inventory and Appraisal with the probate court. This document details each asset’s value as determined by a qualified appraiser. This step ensures accuracy and fairness when distributing the estate.
Notwithstanding the meticulous nature of this process, it’s not uncommon to encounter unforeseen challenges. For instance, I once worked on a case where a deceased individual had hidden a substantial sum of cash in their home. The family was unaware of its existence. Discovering this asset required careful searching and ultimately highlighted the importance of thoroughness during the marshaling process.
Are there any statistics that illustrate the significance of accurately marshaling assets?
According to the National Academy of Elder Law Attorneys, approximately 70% of estates require probate proceedings. This underscores the widespread need for meticulous asset management during the estate planning and administration process.
The complexities of probate can be overwhelming, but with proper guidance, families can navigate this process effectively.
“Steve Bliss and his team were incredibly helpful during a difficult time. They explained everything clearly and made sure we understood our options every step of the way.” – Sarah M., San Diego
“San Diego Probate Law provided compassionate and professional service. I highly recommend them to anyone facing probate matters.”
– John D., Carlsbad
Let us guide you through the complexities of probate. Schedule a consultation with San Diego Probate Law today for peace of mind and expert support during this challenging time.
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: “Who is responsible for handling a probate case?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
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San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
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San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Totten Trust Attorney |
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| Totten Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
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San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |