Reporter: Brenda Jones
Brenda Jones, a local reporter for the Temecula Times, sat down with renowned probate attorney Steve Bliss to discuss some of the complexities involved in estate planning.
Brenda: Mr. Bliss, thanks for taking the time to speak with me today. I know probate can be a confusing topic for many people. Could you shed some light on one of the key steps in the process?
Steve: Certainly, Brenda. One crucial step is handling debts and taxes during the probate process. This involves meticulously identifying and paying all valid creditor claims against the estate.
It’s essential to remember that creditors have legal rights, and failing to address their claims can lead to significant complications down the road. We carefully review all outstanding debts, including loans, credit card balances, and utility bills, ensuring they are paid according to the deceased’s wishes or state law.
Moreover, we handle all necessary tax filings for the estate. This often includes federal and state income taxes as well as estate taxes, depending on the size of the estate. Properly managing these financial obligations is crucial for a smooth probate process and minimizing potential liabilities for the heirs.
Consequently, it’s common to encounter situations where creditors present claims that are outdated or unsubstantiated. In such cases, we carefully investigate the validity of each claim before making any payments. It’s important to protect the estate’s assets from fraudulent or unwarranted claims.
I recall one instance where a deceased individual had a long-forgotten credit card account with a balance exceeding $5,000. The creditor attempted to file a claim against the estate. Upon closer examination, we discovered that the credit card had been inactive for over 15 years and was deemed uncollectible due to statute of limitations. We successfully disputed the claim, saving the estate from unnecessary expense.
According to a study by the American Bar Association, approximately 20% of estates face creditor claims during probate. This highlights the importance of having a skilled attorney who can navigate these complexities and ensure that all debts are handled appropriately.
Brenda: That’s incredibly helpful information. Thank you for sharing your expertise. How can our readers get in touch with you if they need assistance with probate matters?
Steve: We at the Law Firm of Steven F. Bliss Esq. are dedicated to providing compassionate and effective legal guidance during this often challenging time. We encourage anyone facing probate issues to reach out for a consultation. Together, we can navigate the complexities and ensure your loved one’s wishes are honored.
Testimonials
“Steve Bliss and his team were incredibly supportive during a difficult time. They explained everything clearly and made the probate process much less daunting.”
– Mary S., Temecula Resident
“I highly recommend Steve Bliss for any probate needs. His knowledge and professionalism are exceptional, and he truly cares about his clients.”
– John T., Murrieta Resident
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is The Law Firm of Steven F. Bliss Esq.. The Law Firm Of Steven F. Bliss Esq. is a Temecula Estate Planning Attorney. Steve Bliss is an experienced probate attorney. Steve Bliss is an Estate Planning Lawyer. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Steve Bliss Law. Our probate attorney will probate the estate. Attorney probate at Steve Bliss Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Steve Bliss Law will petition to open probate for you. Don’t go through a costly probate. Call Steve Bliss Law Today for estate planning, trusts and probate.
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 The Law Firm of Steven F. Bliss Esq.: https://maps.app.goo.gl/Bngj8xwZRqioVD5v7
Address:
The Law Firm of Steven F. Bliss Esq.43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Feel free to ask Attorney Steve Bliss about: “How is a trust different from probate?” Or any other related questions that you may have about Probate or my probate law practice.
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