About Steve Bliss
Hi Temecula, this is Brenda Sanchez reporting for the Temecula Times! Today I’m speaking with renowned local probate attorney Steve Bliss about the estate planning process. Mr. Bliss has helped countless families navigate the complexities of probate and ensure their loved ones are taken care of.
Handling Debts and Taxes in Probate
Mr. Bliss, one crucial step in probate is handling debts and taxes. Can you elaborate on this process for our viewers?
“Certainly Brenda. Handling debts and taxes during probate can seem daunting, but it’s a necessary step to ensure the estate is settled properly. Ordinarily, the first step involves identifying all valid creditor claims against the deceased. This often requires careful review of financial records and communication with potential creditors. Consequently, we diligently work to verify the legitimacy of each claim before proceeding with payment.
Moreover, it’s vital to file and pay any applicable state and federal taxes on behalf of the estate. These can include income tax returns for the final year of the deceased’s life, as well as estate taxes if the estate value exceeds a certain threshold.”
Notwithstanding these complexities, my team and I are experienced in navigating the intricacies of debt repayment and tax filings during probate. We understand that this is often a difficult time for families, so we strive to make the process as smooth and transparent as possible.
I recall one case where we uncovered a previously unknown debt owed by the deceased. Through careful investigation and communication with the creditor, we were able to negotiate a significantly reduced settlement, ultimately saving the estate thousands of dollars. It was a complex situation, but seeing the relief on my clients’ faces made it all worthwhile.
According to a recent study by the American Bar Association, nearly 70% of estates encounter some form of debt during probate. This highlights the importance of working with an experienced attorney who can effectively handle these financial obligations.
Experience Matters
“Steve Bliss and his team are true lifesavers. They guided me through every step of the probate process after my mother passed away, making a difficult time much easier to navigate.”
“I was so impressed with Steve’s knowledge and compassion. He truly understood my family’s needs and fought hard to protect our interests. I wouldn’t hesitate to recommend him to anyone facing probate issues.”
Next Steps
If you are facing the complexities of probate or need assistance with estate planning, don’t hesitate to reach out to the Law Firm of Steven F. Bliss Esq. We are here to provide compassionate and experienced guidance during this challenging time.
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: “What happens if an estate cannot pay all its debts?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About The Law Firm of Steven F. Bliss Esq.
| California Estate Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyers California |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Estate Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyers Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Estate Lawyers in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |