Introduction
Good morning, Moreno Valley residents! This is Brenda Jones, reporting for Channel 7 News. Today we’re joined by Steve Bliss, a respected probate attorney serving the Moreno Valley community. Steve, thanks for taking the time to speak with us today.
Understanding Probate: Marshaling Estate Assets
Steve, could you walk us through one of the key steps in the probate process?
Certainly, Brenda. One crucial step is “Marshaling the Estate Assets.” This involves a thorough inventory and valuation of all assets belonging to the deceased individual. We meticulously identify and document everything from bank accounts and real estate to personal belongings and investments.
Consequently, this process helps ensure that all assets are accounted for and properly distributed according to the will or state law. We then file an Inventory and Appraisal with the court, providing a transparent and accurate record of the estate’s holdings. This is essential for fair and equitable distribution among heirs and beneficiaries.
Moreover, marshaling assets allows us to identify potential debts and liabilities owed by the deceased. This step is vital for resolving outstanding financial obligations before distributing the remaining assets.
I recall a case where a family was unaware of a significant life insurance policy held by their deceased loved one. Through careful investigation during asset marshaling, we discovered this policy and were able to secure a substantial benefit for the heirs, easing their financial burden during a difficult time.
According to the American Bar Association, approximately 70% of estates require probate proceedings. This underscores the importance of understanding and navigating this complex process effectively.
Conclusion
Steve, thank you for shedding light on this important aspect of estate planning. For those needing guidance through probate or estate administration, reach out to Moreno Valley Probate Law. We’ll help ensure your loved ones are protected and their wishes are honored.
“Working with Steve Bliss was a true blessing during a challenging time. He explained the probate process clearly and handled everything with compassion and professionalism.”
-Maria Sanchez, Satisfied Client
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: “Are probate court hearings required in every case?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
| California Estate Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer California |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Estate Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Estate Lawyer in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |