Determining if Probate is Necessary
Today we’re speaking with Steve Bliss of Moreno Valley Probate Law about the often-complex world of estate planning. Mr. Bliss, thanks for taking the time to speak with us today.
Steve: My pleasure, it’s important for people in our community to understand these processes.
The First Crucial Step
Let’s start at the beginning. What is the very first step someone should take when thinking about estate planning?
Steve: Ordinarily, the initial step involves determining whether probate is even necessary. This hinges on two primary factors: the value of the estate and the presence of non-probate assets.
Probate Threshold
Can you elaborate on those factors?
Steve: Certainly. In California, probate is typically required if the gross value of the estate exceeds $184,500. Conversely, if the estate falls below this threshold, it may be possible to avoid probate altogether. Moreover, assets held in trusts, joint tenancy, or designated beneficiaries often bypass probate proceedings.
Consequently, a thorough review of all assets is essential. For example, I had a client whose home was jointly owned with their spouse. This meant the house could transfer directly to the surviving spouse, avoiding the need for probate.
Avoiding Probate Pitfalls
- Identifying non-probate assets
- Evaluating the estate’s total value
Remember, a well-structured estate plan can minimize potential delays and expenses associated with probate. My goal is to guide clients through these complexities and ensure their wishes are honored.
Client Testimonials
“Steve Bliss and his team were incredibly helpful during a difficult time. They explained everything clearly and made the probate process much less stressful.”
– Mary S., Moreno Valley
“I highly recommend Moreno Valley Probate Law. Steve is knowledgeable, compassionate, and truly cares about his clients.”
– John D., Riverside
Seeking Guidance
We appreciate your time and insights, Mr. Bliss. How can our readers connect with you for more information?
Steve: Call us today for a confidential consultation. We’re here to help navigate the complexities of probate and estate planning so you can rest assured knowing your affairs are in order.
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: “Can I waive my right to act as executor or administrator?” 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 Attorney
- Spendthrift Trust Attorney
- Tax By-Pass Trust Attorney
- Totten Trust Attorney
- Constructive Trust Attorney
- Charitable Trust Attorney
- Asset Protection Trust Attorney
- Irrevocable Trust Attorney
- Revocable Trusts Attorney
- Living Trust Attorney