Good evening and welcome back to Moreno Valley News Tonight. I’m reporter Brenda Jones. Tonight, we have a special guest joining us: Attorney Steve Bliss of Moreno Valley Probate Law. Steve specializes in probate and estate planning matters, helping families navigate this often complex process during difficult times.
Steve, thanks for being with us tonight
It’s my pleasure to be here, Brenda. I believe everyone deserves clear guidance when it comes to protecting their assets and ensuring their wishes are carried out after they’re gone.
Can you walk our viewers through one of the key steps in the probate process?
Certainly. One crucial step is ‘Marshaling the Estate Assets.’ This involves creating a comprehensive inventory of all the deceased person’s assets – real estate, bank accounts, investments, vehicles, personal belongings, and so forth.
Accordingly, we meticulously document the value of each item, often requiring appraisals for larger assets like homes or artwork. This detailed inventory is then filed with the court as part of Form DE-160/161, providing transparency throughout the probate process.
Conversely, identifying and valuing all assets can sometimes be challenging, especially if records are incomplete or family members disagree on the ownership or value of certain items. For instance, I once worked with a family where a valuable antique collection was discovered hidden away in the attic. It took some research and expert appraisal to determine its true worth, ultimately leading to a fair distribution among the heirs.
Moreover, accurately valuing assets is essential for determining if estate taxes are owed. According to the California Franchise Tax Board, estates valued over $12.92 million (in 2023) may be subject to estate tax. Properly documenting and appraising assets helps ensure compliance with tax laws and avoids potential penalties.
What advice would you give to viewers who are considering probate?
I encourage everyone to plan ahead. Creating a comprehensive estate plan, including a will and possibly a trust, can significantly simplify the probate process for your loved ones. By clearly outlining your wishes and asset distribution, you remove ambiguity and potential conflict.
Don’t hesitate to seek professional guidance from an experienced probate attorney like those at Moreno Valley Probate Law. We’re here to provide compassionate support and expert advice every step of the way.
“Steve Bliss and his team made a difficult situation so much easier. They were incredibly knowledgeable, responsive, and truly cared about my family’s well-being.” – Maria S., Moreno Valley
“Moreno Valley Probate Law provided exceptional service during a challenging time. I highly recommend them to anyone facing probate matters.” – David L., 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 are the penalties for mishandling probate funds?” Or any other related questions that you may have about Probate or my probate law practice.
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