Interview with Local News Reporter
Today we are joined by San Diego Probate Attorney Steve Bliss of San Diego Probate Law. Steve, thanks for taking the time to speak with us.
Steve: My pleasure. It’s important to me that people understand the probate process and feel comfortable seeking guidance when they need it.
Probate Process: Marshaling Estate Assets
Steve, could you walk us through one of the key steps in the probate process?
Steve: Certainly. One crucial step is “Marshaling the Estate Assets.” This involves meticulously identifying and inventorying all assets belonging to the deceased person’s estate. Consequently, it encompasses everything from bank accounts and real estate to vehicles, personal belongings, investments, and even digital assets.
A comprehensive list of these assets is then compiled and formally documented in an Inventory and Appraisal, which are legal forms (DE-160/161) filed with the probate court. This process ensures transparency and accountability throughout the probate proceedings.
Moreover, accurately valuing each asset is essential. This often requires professional appraisals for items like real estate or artwork. Ordinarily, these valuations are used to determine the total value of the estate and ensure that creditors are paid appropriately.
I recall a case where we uncovered a forgotten safe deposit box containing valuable jewelry and historical documents. The family had no idea it existed! Notwithstanding this unexpected discovery, it highlighted the importance of thoroughness in marshaling assets.
Challenges and Triumphs
Have you encountered any particular challenges during this step?
Steve: Absolutely. Locating hidden assets can sometimes be tricky, especially when dealing with complex financial arrangements or estranged family members. I once had a case where the deceased had made numerous small investments in obscure companies. It took significant detective work to track down these holdings and accurately assess their value.
Nevertheless, successfully identifying and valuing all estate assets brings a sense of closure for families navigating a difficult time. Knowing that everything has been accounted for allows them to move forward with confidence.
Seeking Expertise
What advice would you give to someone going through probate?
Steve: Probate can be complex and emotionally taxing. Seeking guidance from an experienced probate attorney is essential. We understand the legal intricacies and can navigate the process efficiently, minimizing stress for families.
The Importance of Professional Guidance
According to a recent study by the American Bar Association, approximately 70% of individuals going through probate without legal representation encounter significant delays or complications.
Call to Action
“Let us help you navigate the complexities of probate with compassion and expertise. Contact San Diego Probate Law today for a free consultation.”
Testimonials
“Steve Bliss and his team at San Diego Probate Law were incredibly supportive during a challenging time. They explained every step of the process clearly and efficiently, making us feel confident and informed.” – The Smith Family
“I was overwhelmed with the probate process after losing my mother. Steve Bliss took the time to understand our unique situation and provided personalized guidance that made all the difference.” – John D.
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: “Do all probate cases require a final accounting?” Or any other related questions that you may have about Probate or my probate law practice.
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