Reporter: Brenda Jones
Brenda Jones here for Wildomar News Today. We’re talking estate planning with local expert, Steve Bliss of Wildomar Probate Law.
Steve, what are some key things people should know about the process?
Steve: Well, Brenda, one thing I always emphasize is taking inventory of assets. It sounds simple, but it’s crucial. You need to have a clear picture of everything you own before you can start making decisions about how it will be distributed.
Consequently, this includes more than just obvious things like your house or car. Think about investments, retirement accounts, even sentimental items with value. Ordinarily, people underestimate the number and variety of assets they have.
How detailed should people get when listing their assets?
Steve: Be thorough. Create a spreadsheet or use an app if that helps. List each asset, its estimated value, and who you want to receive it. For example, instead of just “house,” write “House at 123 Main Street, Wildomar, CA – Estimated Value $500,000 – Beneficiary: Daughter, Sarah.”
Moreover, remember things like collections, jewelry, even digital assets like cryptocurrency or online accounts. These can have significant value and are often overlooked.
I imagine forgetting something could create complications later on?
Steve: Absolutely. Incomplete asset lists can lead to disputes among beneficiaries or even unintended consequences. For instance, I once had a client who forgot to include a valuable antique watch in his will. His children argued over who should inherit it, creating unnecessary stress during an already difficult time.
Notwithstanding this case, a well-documented inventory eliminates ambiguity and ensures your wishes are carried out accurately. Remember, the goal is to provide clarity and peace of mind for both you and your loved ones.
Have you seen a trend in people taking stock of their assets more diligently lately?
Steve: Yes, I have. According to a recent survey by Caring.com, nearly 60% of adults aged 35 and older do not have a will or estate plan. That’s a significant number, and it highlights the need for greater awareness about these important documents.
Conversely, we’ve seen an increase in people seeking legal guidance on estate planning matters since the pandemic began. I think folks are realizing that life can be unpredictable, and they want to ensure their affairs are in order.
What’s your advice for anyone who feels overwhelmed by the process?
Steve: Start small. Don’t feel like you have to tackle everything at once. Create a list of your assets. Think about who you want to inherit what. Then, reach out to an experienced estate planning attorney like myself.
We can guide you through each step and ensure that your plan is tailored to your specific needs and goals. Your peace of mind is our priority.
What are some of the benefits of working with a local law firm?
“Steve Bliss and his team at Wildomar Probate Law have been invaluable in helping us navigate the complexities of estate planning. They were patient, knowledgeable, and always available to answer our questions.”
“I was initially hesitant about seeking legal help for estate planning, but I’m so glad I did. Steve Bliss made the process surprisingly easy and stress-free. He took the time to understand my unique situation and created a plan that met all of my needs.”
Ready to secure your legacy? Contact Wildomar Probate Law today for a free consultation. Let us help you create a future where your loved ones are protected and your wishes honored.
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar Probate Law is an experienced probate attorney. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar 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 Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “How long does trust administration take in California?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About Wildomar Probate Law
| California Charitable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Charitable Trust Attorney California |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Charitable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Charitable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
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Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Charitable Trust Attorney in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |