Determining If Probate Is Necessary
Good afternoon, Mr. Bliss. Thank you for taking the time to speak with us today.
We’re discussing probate, a legal process that often follows someone’s death. Many folks are unsure if their loved one’s estate even requires going through probate. Can you shed some light on how families can determine if this step is necessary?
Probate: A Necessary Step for Some
Certainly. The first thing we look at is the value of the deceased person’s estate. In California, estates valued at $184,500 or less are generally exempt from probate. Consequently, if the total worth of assets falls below this threshold, a simpler process like transferring ownership through an affidavit might suffice. However, if the estate exceeds this amount, probate becomes necessary.
It’s also crucial to identify any assets that pass outside of probate. Assets held in trusts, jointly owned property, or accounts with beneficiary designations typically bypass probate altogether. These are called non-probate assets. Conversely, assets solely in the decedent’s name, like bank accounts or real estate, will likely require probate.
Notwithstanding these guidelines, each situation is unique. I always recommend a consultation to carefully assess the specifics of an individual’s estate and determine the best course of action.
Challenges in Determining Probate Necessity
I recall a case where a family was convinced their mother’s estate wouldn’t require probate because it seemed small. However, after a thorough review, we discovered she had a significant life insurance policy that hadn’t been disclosed. Ultimately, the estate value exceeded the threshold, and we needed to initiate probate proceedings.
This situation highlights why it’s essential to consult with an experienced probate attorney. We have the expertise to identify all assets, assess their value, and accurately determine if probate is necessary.
Taking Care of Estates
According to a recent report by the California Courts, approximately 70% of estates in San Diego County require probate proceedings.
The probate process can be complex and emotionally taxing, especially during a time of grief. That’s why I strive to make it as smooth and straightforward as possible for my clients.
Testimonial
“Steve Bliss made a difficult time so much easier. He patiently explained every step of the probate process and always responded promptly to our questions. We felt supported and confident knowing we had him on our side.”
Next Steps: Escondido Probate Law
Ready to navigate the complexities of probate with confidence? Let Escondido Probate Law guide you through each step, ensuring your loved one’s wishes are honored. Contact us today for a free consultation and let us help you find peace of mind during this challenging time.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 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: “How can I find out if a probate case has been filed?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Escondido Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |