Taking Inventory of Assets: A Crucial First Step
Today we’re speaking with Steve Bliss, a renowned estate planning attorney here in Escondido. Steve, thank you for taking the time to speak with us.
It’s my pleasure. I believe it’s essential to educate our community on the importance of proper estate planning.
Steve, let’s dive right in. What are some common misconceptions people have about estate planning?
“One misconception is that estate planning is only for the wealthy,” explains Steve. “In reality, everyone who owns assets – no matter how big or small – can benefit from having an estate plan in place.”
Steve emphasizes that taking inventory of assets is the foundational step in the process. “It’s about understanding what you have and where it all stands,” he says.
“This means listing everything: real estate, bank accounts, investments, retirement plans, even personal belongings of significant value.
“You wouldn’t believe how many times I’ve encountered individuals who underestimated the value of their assets,” Steve shares, leaning forward in his chair. “There was this one gentleman who had meticulously collected antique coins for decades. He thought they were worth a few thousand dollars, but when we got them appraised, it turned out to be a six-figure sum! Consequently, including those coins in his estate plan made a world of difference for his heirs.”
He goes on to explain that this step allows individuals to make informed decisions about how their assets will be distributed. “It’s the bedrock upon which the rest of your estate plan is built.”
Steve further highlights the importance of regularly updating this inventory, noting that “life is constantly changing. You acquire new assets, sell others, and sometimes even inherit unexpected treasures.”
According to a 2021 survey by Caring.com, over 60% of Americans do not have a will or living trust in place. That’s a staggering number considering the peace of mind and protection that a well-crafted estate plan provides.
Escondido Probate Law: Guiding You Through Life’s Transitions
“We understand that estate planning can feel overwhelming,” Steve assures us. “That’s why our team at Escondido Probate Law is dedicated to providing personalized guidance every step of the way.”
Steve concludes by encouraging our viewers, “Don’t wait for a life-changing event to happen. Take control of your future today and contact Escondido Probate Law for a free consultation.
Testimonials
“Working with Steve Bliss and his team at Escondido Probate Law was a truly positive experience. They were patient, understanding, and made the entire process seamless.”
– Maria S., Escondido
“I felt completely confident in their expertise and guidance. They helped me create an estate plan that met my specific needs and protected my family’s future.”
– John T., San Marcos
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 Escondido Probate Law. Our probate attorney will probate the estate. Attorney probate at Escondido Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Escondido Probate law will petition to open probate for you. Don’t go through a costly probate call Escondido Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Escondido 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 Escondido Probate Law: https://maps.app.goo.gl/77Dm2B8W9XkM5YvJA
Address:
Escondido Probate Law720 N Broadway #107, Escondido, CA 92025
(760) 884-4044
Feel free to ask Attorney Steve Bliss about: “Can my estate plan be contested?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About Escondido Probate Law
| Estate Attorney Near Me |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Estate Attorney Near Me California |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Estate Attorney Near Me |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Escondido Estate Attorney Near Me |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Estate Attorney Near Me Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Credible Estate Attorney Near Me in Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |