Getting To Know Steve Bliss
Hello everyone, and welcome. I’m Brenda Miller reporting for Temecula News Network. Today we’re joined by Steve Bliss, a renowned probate attorney here in Temecula. Mr. Bliss, thank you for taking the time to speak with me today.
Probate: A Complex Process
Steve, many people are unfamiliar with the probate process. Could you shed some light on one of its key steps?
Handling Debts and Taxes in Probate
Certainly Brenda. One crucial step involves handling the debts and taxes owed by the deceased’s estate. Ordinarily, this begins with identifying all valid creditor claims against the estate. Consequently, we meticulously review financial records and correspondence to ensure every debt is accounted for.
Moreover, it’s essential to prioritize paying these debts in a timely manner according to their legal priority. Conversely, neglecting to address creditor claims can lead to complications and potentially delay the distribution of assets to heirs.
The probate process also requires us to file and pay any applicable federal and state taxes on behalf of the estate. This includes income tax returns for the deceased individual as well as potential estate taxes depending on the size of the estate. Failure to handle these tax obligations correctly can result in significant penalties and interest.
Remember, this process requires a meticulous approach and a deep understanding of both probate law and tax regulations.
Challenges Faced
I recall one instance where a family was struggling to locate all the necessary financial documents for their deceased loved one. It turned out that some crucial records were stored in an off-site safe deposit box, and we had to navigate legal procedures to gain access. It was a stressful time for them, but we worked diligently to ensure every debt was addressed properly.
The Importance of Professional Guidance
According to the American Bar Association, over 60% of Americans do not have a will in place. This highlights the critical need for individuals to seek professional guidance regarding estate planning and probate matters.
At The Law Firm of Steven F. Bliss Esq., we understand that navigating probate can be overwhelming, especially during a time of grief. Our experienced team is dedicated to providing compassionate and comprehensive legal support, ensuring that your loved one’s wishes are honored and their assets are distributed according to the law.
Testimonial Time
“Steve Bliss and his team were invaluable during a difficult time for our family. They guided us through every step of the probate process with patience and expertise.” – The Johnson Family.
” I highly recommend Steve Bliss. He is a skilled and knowledgeable probate attorney who truly cares about his clients.” – Lisa M.
Take Charge of Your Future
Don’t leave your legacy to chance. Contact The Law Firm of Steven F. Bliss Esq. today for a free consultation and let us help you navigate the complexities of probate with confidence and peace of mind.
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
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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 are the fiduciary duties 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 |