Determining If Probate Is Necessary
Today we’re speaking with Steve Bliss, a respected probate attorney serving the Moreno Valley community. Mr. Bliss, can you walk us through one of the crucial initial steps in the estate planning process?
Certainly. One of the first things we do is determine if probate is even necessary. This involves carefully evaluating the value of the decedent’s estate. In California, estates valued at or below $184,500 are generally exempt from probate.
Moreover, we need to identify assets that pass outside of probate altogether. These are often held in trusts, joint tenancy arrangements, or have beneficiary designations.
Conversely, if the estate exceeds the threshold and lacks these non-probate vehicles, then proceeding with probate becomes essential for legally transferring ownership of assets to heirs.
Consequently, a thorough review of financial documents, deeds, and account statements is crucial in making this determination.
Challenges During Probate
Have you encountered any particular challenges during this initial assessment phase?
Well, I recall one instance where a family was deeply divided over the value of a piece of land. Each sibling had their own recollection of its worth, leading to considerable tension. We ultimately brought in an independent appraiser who determined the fair market value, which helped resolve the dispute and move the probate process forward.
Another time, I helped a client whose deceased parent had numerous bank accounts scattered across different institutions. Locating all these accounts required significant detective work but ensured that no assets were overlooked during the probate proceedings.
Probate Expertise
“Steve Bliss and Moreno Valley Probate Law made an incredibly difficult process so much easier for our family. Their compassion, knowledge, and professionalism were invaluable during a challenging time.”
“I can’t recommend Steve Bliss highly enough. He is a true expert in probate law and guided me through every step with clarity and patience.”
Remember, navigating the complexities of probate doesn’t have to be overwhelming. Reach out to Moreno Valley Probate Law for compassionate and experienced guidance.
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: “What happens when an estate includes a business?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
| California Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Trust Lawyer California |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Trust Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Trust Lawyer in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |