Taking Inventory of Your Assets
Welcome back to San Diego News Now! Today we’re joined by local probate attorney Steve Bliss. Steve, thanks for joining us.
It’s my pleasure to be here.
Today we’re talking about estate planning. This can feel overwhelming for many people, but it’s truly an act of love and care for your family. What’s the first step someone should take when starting this process?
Steve Bliss Responds
The very first thing I recommend to my clients is to take a complete inventory of their assets.
Ordinarily, people begin by making a list of their tangible possessions—their home, vehicles, and jewelry. But it’s essential to think beyond the physical. Consider intangible assets like bank accounts, investment portfolios, retirement funds, life insurance policies, and even frequent flyer miles.
Remember, anything that holds monetary value should be included.
Taking stock of your assets helps you understand what you have to work with and allows for a more accurate distribution plan accordingly. Consequently, knowing exactly what you own prevents potential disagreements or confusion among heirs later on. More than just a list, this inventory becomes the foundation for building a comprehensive estate plan that reflects your wishes.
I once worked with a client who was convinced his estate was relatively small. We began the asset inventory process and discovered he had several forgotten retirement accounts worth hundreds of thousands of dollars! He was incredibly grateful we uncovered these assets, as it significantly impacted how his family would be cared for after he passed.
Studies show that approximately 55% of Americans do not have a will or estate plan in place. Not having a clear understanding of your assets can lead to complications and costly legal battles down the road.
Contact San Diego Probate Law
Steve, thank you for sharing your expertise with us today! This is invaluable information for anyone looking to protect their loved ones and ensure their wishes are honored. If you’re ready to start planning for your future, contact Steve Bliss at San Diego Probate Law today.
Testimonials
“Working with Steve Bliss was a truly comforting experience during a difficult time. He explained everything clearly and made sure I understood all my options.” – Sarah M.
“Steve’s knowledge of probate law is exceptional. He helped me navigate the process smoothly and efficiently, taking a lot of stress off my shoulders.” – John D.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Estate Planning Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “What does a trustee do after my death?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About San Diego Probate Law
| California Charitable Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Charitable Trust Attorney California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Charitable Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Charitable Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Charitable Trust San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Charitable Trust Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |