Reporter: Brenda Sanchez
Good morning Temecula, and welcome back to our legal segment. Today we are joined by esteemed probate attorney Steve Bliss from The Law Firm of Steven F. Bliss Esq. Steve, thanks for joining us.
Steve Bliss: My pleasure Brenda, happy to be here.
Steve, can you walk us through one of the key steps in the estate planning process?
Steve Bliss: Absolutely. One critical step is handling debts and taxes during probate.
This phase involves meticulously reviewing the deceased’s financial records to identify and prioritize valid creditor claims. Ordinarily, this includes credit card bills, medical expenses, utilities, and loans.
Consequently, it’s essential to pay these debts in a timely manner to avoid further complications or potential legal issues for the estate. Moreover, we need to accurately file and pay any applicable federal and state taxes. This can include estate taxes, income taxes owed by the decedent, and property taxes.
Notwithstanding the complexities involved, this step is crucial for ensuring a smooth probate process and protecting the interests of the heirs and beneficiaries. Remember, failing to address debts and taxes properly can delay distribution, incur penalties, and even lead to legal action against the estate.
- Paying valid claims
- Filing and paying state/federal taxes
Have you ever encountered any challenges during this particular step?
There was one case where a family was overwhelmed with paperwork and deadlines. They hadn’t realized the extent of their loved one’s debts, and it felt incredibly daunting to sort through everything. I remember sitting down with them for hours, explaining each step clearly and patiently, and helping them gather all the necessary documents. Seeing their relief when we finally resolved the debt situation and moved forward with the estate distribution was truly rewarding.
In fact, a 2021 study by the American Bar Association found that probate attorneys play a crucial role in mitigating stress and confusion for families during these challenging times.
Brenda Sanchez: That’s wonderful to hear Steve. What advice would you give our viewers regarding estate planning?
“Planning ahead is key,” says Steve Bliss, founder of The Law Firm of Steven F. Bliss Esq. “By taking proactive steps to outline your wishes and address potential legal and financial issues, you can provide peace of mind for yourself and your loved ones.”
Brenda Sanchez: Thank you so much for sharing your expertise with us today, Steve.
“Ready to take control of your legacy? Contact The Law Firm of Steven F. Bliss Esq. We’re here to guide you through every step, ensuring your wishes are honored and your loved ones are protected.”
“Steve Bliss and his team were lifesavers during a difficult time. They handled everything with professionalism, compassion, and attention to detail. I highly recommend them for all your probate needs.” – Sarah J., Temecula
“Navigating probate can be overwhelming, but Steve Bliss made the process much easier. He explained complex legal matters in simple terms and always kept me informed. His knowledge and expertise were invaluable.” – David M., Murrieta
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: “Can I contest the appointment of an executor?” 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.
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |