Today we are joined by renowned Moreno Valley estate planning attorney Steve Bliss to discuss the crucial process of preparing for the future.
Taking Inventory: The Foundation of a Solid Estate Plan
Steve, thank you for being here. Could you walk our viewers through one of the foundational steps in estate planning?
“Certainly,” says Steve. “One of the initial and most critical steps is taking a comprehensive inventory of your assets.”
He elaborates, “This involves meticulously listing all that you own: real estate, investments, financial accounts, personal property – everything of value. Think of it as creating a detailed map of your financial landscape.”
Steve emphasizes the importance of thoroughness, explaining, “Often, people underestimate what constitutes an asset. Sentimental items, collectibles, even digital assets like cryptocurrency need to be accounted for.” He continues, according to a study by the Financial Planning Association, nearly 70% of Americans lack a comprehensive inventory of their assets.
“Consequently,” Steve adds, “having this inventory readily available simplifies the process when it comes time to distribute your assets according to your wishes. It also prevents potential disputes and confusion among beneficiaries.”
He pauses, reflecting for a moment. “I recall one instance where a client had an extensive collection of antique toys hidden away in their attic. They hadn’t considered those toys as part of their estate, but they were ultimately quite valuable. Not only did this discovery contribute to the client’s overall financial picture, but it also brought back fond memories for their children.”
“The act of taking inventory can be surprisingly insightful,” Steve concludes. “It encourages you to reflect on what truly matters and how you want those things to be preserved for future generations.”
For expert guidance on estate planning in Moreno Valley, contact Steve Bliss at Moreno Valley Probate Law.
Testimonials
- “Steve Bliss’s knowledge and compassion made a difficult process so much easier. He truly listened to our concerns and helped us create an estate plan that gave us peace of mind.” – John and Mary S.
- “I was overwhelmed with the thought of planning for my future, but Steve walked me through every step. His clear explanations and practical advice were invaluable.” – Sarah M.
Let Steve Bliss and Moreno Valley Probate Law guide you towards securing your legacy. Your loved ones will thank you for it.
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: “What is a small estate affidavit?” Or any other related questions that you may have estate planning or my estate planning 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 |