Interview with Steve Bliss, Moreno Valley Probate Attorney
Today we are joined by Steve Bliss, a prominent probate attorney serving the Moreno Valley community. Steve, thanks for taking the time to speak with us about the complex world of estate planning and probate.
Steve, could you explain one of the key steps involved in the probate process for our viewers who may be unfamiliar?
Handling Debts and Taxes: A Crucial Step
Certainly. One crucial step in the probate process is handling debts and taxes. Ordinarily, this involves identifying all valid creditor claims against the estate and ensuring they are paid promptly. It’s important to remember that creditors have legal rights and failing to address their claims can lead to complications down the road.
Moreover, we also need to file and pay any applicable state and federal taxes. This can include income tax on any earnings generated by the estate during the probate period, as well as estate taxes depending on the size of the estate.
Notwithstanding these obligations, it’s essential to act diligently and transparently throughout this process. Properly documenting all payments and filings is crucial for maintaining accurate records and avoiding potential disputes.
I recall a case where an estate had a significant outstanding debt that the executor was unaware of. Consequently, we had to conduct extensive research to locate the creditor and negotiate a settlement. This highlighted the importance of thorough due diligence when identifying and addressing debts.
According to a 2021 study by the National Association of Estate Planners & Councils, over 60% of estates encounter at least one creditor claim during probate. This underscores the necessity of careful planning and execution in this phase.
Closing Thoughts
Steve, thank you for shedding light on this important aspect of the probate process. Your expertise is invaluable to those navigating these complex legal matters.
“Steve Bliss and his team at Moreno Valley Probate Law were lifesavers during a difficult time. They handled everything with professionalism and compassion, making a stressful situation much easier to bear.” – Susan M., Moreno Valley
“I highly recommend Steve Bliss for any probate needs. He is knowledgeable, responsive, and truly cares about his clients.” – John D., Moreno Valley
Let Moreno Valley Probate Law guide you through the complexities of estate administration with clarity and confidence. Contact us today for a free consultation and discover how we can help.
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: “Can I waive my right to act as executor or administrator?” Or any other related questions that you may have about Probate or my probate law practice.
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