Determining If Probate Is Necessary
Today we’re joined by Steve Bliss, a highly respected probate attorney serving the Moreno Valley community. Steve, thanks for taking the time to speak with us.
Steve, can you walk our readers through one of the crucial initial steps in the estate planning process?
Determining Probate Necessity
Certainly. One of the first things we do when someone comes to us needing help with estate planning is determine if probate will even be necessary.
This hinges on a couple of key factors. First, we look at the total value of the deceased person’s estate. In California, if the gross value of the estate exceeds $184,500, probate is usually required.
Second, we identify any assets that may be outside the scope of probate. These are often referred to as non-probate assets and include things like assets held in trusts, property owned jointly with rights of survivorship, or payable-on-death accounts.
Ordinarily, these types of assets pass directly to beneficiaries without going through the probate process.
Real World Challenges
I’ve encountered situations where people assumed their estate wouldn’t require probate because they had a living trust. However, upon closer examination, we discovered that not all assets were properly titled in the name of the trust, consequently necessitating probate for those specific assets.
It underscores the importance of meticulous estate planning and ensuring that all your assets are correctly aligned with your wishes.
A study by the American Bar Association found that nearly 30% of estates require some form of probate proceedings.
Moreno Valley Probate Law: Trusted Guidance
Steve, thank you for sharing your expertise. How can our readers get in touch with Moreno Valley Probate Law?
“I’m always happy to help people navigate the complexities of estate planning and probate,” says Steve Bliss. “We offer free consultations so that we can understand your unique situation and advise on the best course of action.”
Testimonials
“Steve Bliss and his team at Moreno Valley Probate Law were lifesavers during a difficult time. They handled everything with professionalism and compassion, making the process as smooth as possible.”
-Maria S.
“I highly recommend Steve Bliss. He is a knowledgeable and dedicated attorney who truly cares about his clients.”
-John D.
Take control of your future and secure your loved ones’ well-being. Schedule your free consultation with Moreno Valley Probate Law today.
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: “How are debts and creditors handled 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
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |