Probate Process: Inventorying Assets
Today we’re joined by Steve Bliss, a respected probate attorney serving the Moreno Valley community. Mr. Bliss, thank you for taking the time to speak with us about probate.
Steve, can you walk us through one of the key steps in the probate process?
Steve Bliss:
Certainly. One crucial step is marshalling the estate assets. This involves meticulously identifying and inventorying all of the deceased person’s assets. Consequently, it’s a comprehensive process requiring attention to detail.
We begin by reviewing bank statements, investment accounts, real estate deeds, insurance policies, and any other documentation that indicates ownership. Moreover, we look for non-probate assets like jointly owned property or those held in trusts, which typically pass directly to beneficiaries outside of probate.
Ordinarily, this inventory is compiled into a formal document called the Inventory and Appraisal (Form DE-160/161), which is then filed with the court.
Accuracy Is Key
I recall one case where we uncovered an old savings account that the family was unaware of. It turned out to have a surprisingly significant balance, ultimately benefiting the heirs. Notwithstanding these situations are not always commonplace, they highlight the importance of a thorough asset search.
In fact, according to a study by the National Endowment for Financial Education, nearly 1 in 3 Americans doesn’t know where all their financial accounts are located. This underscores the vital role we play as probate attorneys in ensuring no asset is overlooked.
Seeking Guidance
Need Help Navigating Probate?
If you’re facing the complexities of probate, don’t hesitate to seek expert guidance. Moreno Valley Probate Law is here to help you through every step of the process with compassion and professionalism.
Testimonials:
“Steve Bliss was incredibly supportive during a difficult time. His knowledge and dedication made the probate process much smoother than I anticipated.” – Mary S., Moreno Valley
“Moreno Valley Probate Law went above and beyond to ensure that my family’s wishes were respected. I highly recommend their services.” – John T., Riverside
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 if a beneficiary dies during probate?” 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 |