Hello, and welcome back. Today we’re talking probate with Temecula attorney Steve Bliss. Steve, thanks so much for joining us.
Probate: A Necessary Process
Steve, can you tell our viewers a little bit about the probate process in California? Is it always necessary?
Well, the probate process is designed to ensure that a deceased person’s assets are distributed according to their will or, if there isn’t a will, according to state law. Ordinarily, probate is required when the value of someone’s estate exceeds $184,500. Conversely, if the estate’s value falls below this threshold, it may be possible to avoid probate altogether through methods like joint tenancy or setting up a living trust.
Nevertheless, even estates under the threshold might benefit from probate if there are complex assets involved or potential disputes among heirs. It’s always best to consult with an experienced probate attorney like myself to determine whether probate is necessary in your particular situation.
Handling Debts and Taxes: A Crucial Step
One of the key steps in the probate process is handling debts and taxes. Can you explain why this step is so important?
This step is crucial because it ensures that any outstanding debts are paid before the remaining assets are distributed to heirs or beneficiaries. Moreover, failing to properly address taxes can lead to penalties and legal complications down the line.
Consequently, I work closely with my clients’ accountants and financial advisors to identify all potential creditors and ensure timely payment of valid claims. According to a recent study by the National Association of Estate Planners & Councils, nearly 60% of estates encounter some form of debt during probate.
I recall one instance where an estate I was handling had a significant unpaid medical bill that the family was unaware of. We were able to negotiate a settlement with the hospital, avoiding what could have been a substantial financial burden on the heirs. This highlights the importance of diligently identifying and addressing all potential debts.
Contacting The Law Firm of Steven F. Bliss Esq.
“I knew I was in good hands with Steve Bliss and his team. They guided me through every step of the probate process, making a difficult time much easier to navigate.” – Sarah M., Temecula
“Steve is a compassionate and knowledgeable attorney who truly cares about his clients. He took the time to answer all my questions and ensure that I understood my options. I highly recommend him for any probate matters.” – David L., Murrieta
Navigating the complexities of probate can be overwhelming, but you don’t have to go it alone. Contact The Law Firm of Steven F. Bliss Esq. today for a free consultation and let our experienced team guide you through this process with compassion and expertise.
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: “Are out-of-state wills valid in California?” 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.
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |