Reporter: Brenda Davis
Today we are joined by Steve Bliss, a well-respected probate attorney here in Temecula. Steve, thanks for taking the time to speak with me.
Steve Bliss:
It’s my pleasure, Brenda. I’m always happy to discuss probate matters and help people understand this often complex process.
Brenda Davis:
Many of our readers may be unfamiliar with the probate process. Could you explain one key step involved?
Steve Bliss:
Certainly. One crucial step in estate planning is “Handling Debts and Taxes.” After a loved one passes, it’s essential to address any outstanding debts they may have had. This includes credit card bills, loans, medical expenses, and even utility bills.
Moreover, we need to ensure all applicable taxes are paid. Ordinarily, this involves estate taxes at the federal level and potentially inheritance taxes at the state level, depending on where the deceased resided. Failing to handle debts and taxes properly can lead to significant complications for the estate and beneficiaries.
Consequently, I always advise my clients to be meticulous in this step. It’s crucial to have a clear understanding of the deceased’s financial situation and obligations. I remember one case where a client came to me after their father passed away. They weren’t aware of a substantial credit card debt he had incurred.
Through careful review of his financial records, we were able to identify the debt and negotiate a settlement with the creditor. It was a stressful situation for my client, but we were able to resolve it fairly and protect the estate from unnecessary losses. Notwithstanding these challenges, accurately addressing debts and taxes ensures a smooth transition of assets to the beneficiaries.
According to a 2021 study by the National Funeral Directors Association, the average cost of a funeral in the United States is over $7,000. This expense can significantly impact an estate’s finances, highlighting the importance of proper debt management during probate.
Brenda Davis:
Steve, that’s valuable information for our readers. Thank you for sharing your expertise. How can people learn more about your services?
Steve Bliss:
“Navigating probate doesn’t have to be overwhelming. Let the Law Firm of Steven F. Bliss Esq. guide you through every step with compassion and clarity. We’re here to help you honor your loved one’s wishes and protect their legacy.”
“Steven Bliss was a true lifesaver during a difficult time. He explained everything clearly and patiently, and I felt confident that my mother’s estate was in good hands.” – Jane S.
“I highly recommend Steve Bliss for any probate matters. He is professional, knowledgeable, and genuinely cares about his clients.” – Michael P.
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.
- Special Needs Trust Lawyer
- Spendthrift Trust Lawyer
- Tax By-Pass Trust Lawyer
- Totten Trust Lawyer
- Constructive Trust Lawyer
- Charitable Trust Lawyer
- Asset Protection Trust Lawyer
- Irrevocable Trust Lawyer
- Revocable Trusts Lawyer
- Living Trust Lawyer