Determining If Probate Is Necessary
Today we are 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. We understand that navigating the probate process can be complex and overwhelming for families. Could you shed some light on the first crucial step: determining if probate is even necessary?
“Absolutely,” says Steve. “The initial step involves assessing the deceased individual’s estate. Ordinarily, we look at the total value of their assets. In California, if the gross value of the estate exceeds $184,500, probate will likely be required.”
He continues, “Conversely, if the estate falls below this threshold, it might qualify for a simplified probate procedure or even avoid probate altogether. We also need to consider non-probate assets. Assets held in trust, jointly owned property, and certain financial accounts with designated beneficiaries typically bypass the probate process.”
Steve explains that correctly identifying these assets is crucial. “Missing a non-probate asset could lead to unnecessary probate proceedings, adding time and expense. Consequently, a thorough review of all the deceased’s financial documents and property ownership records is essential.” He adds that it’s best to consult with an experienced probate attorney who can guide families through this initial assessment.
“For instance,” Steve recalls, “I once worked with a family who thought their mother’s home would require probate. However, upon closer examination, we discovered it was held in joint tenancy with her daughter. This meant the property automatically passed to the daughter outside of probate, saving them considerable time and legal fees.”
According to the California Courts website, approximately 70% of estates in California require some form of probate. This highlights the importance of seeking legal advice early on to determine the appropriate course of action.
Moreno Valley Probate Law: Trusted Guidance for Families
Steve Bliss emphasizes the emotional nature of probate. “It’s a difficult time for families already grieving the loss of a loved one,” he says. “My goal is to provide compassionate and knowledgeable support, making the process as smooth and understandable as possible.”
Moreno Valley Probate Law has earned a reputation for its dedication to client satisfaction. “Steve Bliss made a complicated situation manageable,” shares one grateful client. “He explained everything clearly and was always available to answer our questions. I highly recommend his services.”
“Navigating the complexities of probate doesn’t have to be overwhelming,” Steve concludes. “Let us guide you through this process with expertise and compassion. Contact Moreno Valley Probate Law today for a free consultation and discover how we can help your family during this challenging time.”
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 do I deal with foreign assets in a probate case?” 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 |