Taking Stock of Your Life’s Work: The Importance of Inventorying Assets
Good morning, Steve. Thanks for joining us today.
It’s a pleasure to be here.
Estate planning can seem daunting to many people. Where do you recommend someone start?
I always advise my clients to begin with a comprehensive inventory of their assets. This might sound straightforward, but it’s often more involved than people realize. It’s not just about listing your bank accounts and real estate holdings.
Beyond the Obvious
You need to think broadly: investments, retirement accounts, even personal property like valuable collections or jewelry. Consequently, many individuals overlook sentimental items with potential monetary value.
Moreover, accurately assessing the value of assets is crucial for tax purposes and ensuring your wishes are carried out correctly.
I often encounter situations where clients have underestimated the value of their belongings, leading to complications down the line. For example, I once worked with a client who thought his antique furniture collection was worth a few thousand dollars. Turns out, it was actually worth tens of thousands!
Notwithstanding these occasional surprises, a thorough inventory provides a solid foundation for your estate plan.
Remember, an updated inventory should be revisited periodically, as the value of assets fluctuates and new acquisitions are made.
According to a recent survey by the American Bar Association, over 60% of Americans do not have a will or estate plan. This highlights the critical need for individuals to take proactive steps in securing their financial futures.
Secure Your Legacy
Steve, thank you for sharing your insights with us today. Your expertise is invaluable. For those looking to safeguard their loved ones and ensure their wishes are honored, what’s the best way to get started?
“Contact Escondido Probate Law today for a confidential consultation. We’re here to guide you every step of the way.”
Testimonials
“Steve Bliss made the complex world of estate planning understandable and manageable. He was patient, attentive, and truly cared about my family’s well-being.” – Susan M.
“Escondido Probate Law went above and beyond to ensure my estate plan reflected my unique needs and goals. I highly recommend their services.” – John P.
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: “Who should have copies of my estate plan?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About Escondido Probate Law
| California Living Trust Attorney |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Living Trust Attorney California |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Living Trust Attorney |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Escondido Living Trust Attorney |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Living Trust Attorney Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Credible Living Trust Attorney in Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |