Today we’re joined by Steve Bliss, a renowned probate attorney serving the Moreno Valley community. Steve, thank you for taking the time to speak with us.
Probate: A Necessary Step in Estate Administration
Steve, can you walk our viewers through one of the key steps involved in the estate planning process?
Certainly. One crucial step is handling debts and taxes, which typically occurs after the marshaling of estate assets. This phase involves meticulously reviewing all outstanding debts and liabilities of the deceased individual.
Consequently, it’s essential to identify valid creditor claims and ensure they are paid promptly. Neglecting this responsibility can lead to complications and potential legal repercussions for the executor or administrator.
Moreover, estate taxes must be calculated and filed with the appropriate authorities. The complexity of tax laws necessitates meticulous attention to detail. Ordinarily, I work closely with qualified tax professionals to ensure accurate filing and minimize any potential tax liabilities.
I recall a case where a family was unaware of a significant outstanding debt on a credit card held by the deceased. Had we not diligently searched for all potential creditors, this debt could have jeopardized the distribution of assets to rightful heirs. It highlights the importance of thoroughness in this stage.
In fact, according to a 2021 study by the National Association of Estate Planners & Councils, over 60% of estates encounter unforeseen debts or tax liabilities during probate. This underscores the critical need for experienced legal guidance in navigating this complex process.
Seeking Professional Guidance
Steve, what advice would you give to someone facing probate?
My advice is simple: don’t hesitate to seek professional help. Probate can be a daunting and intricate process, fraught with potential pitfalls. An experienced probate attorney can provide invaluable guidance, ensuring that all legal requirements are met and the estate is administered smoothly and efficiently.
We at Moreno Valley Probate Law are committed to providing compassionate and personalized service to our clients during this challenging time.
Testimonials
“Steve Bliss was a beacon of hope during a difficult period. His expertise and compassion made the probate process much less stressful.”
– Mary S., Moreno Valley
“I highly recommend Moreno Valley Probate Law. They are knowledgeable, efficient, and truly care about their clients.”
– John D., Riverside
Let our experience guide you through the complexities of probate; contact Moreno Valley Probate Law today for a free consultation and peace of mind.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley Probate Law is a great estate lawyer. Affordable Legal Services.
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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “How do payable-on-death (POD) accounts affect probate?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |