Reporter Brenda Jones
Today we’re talking with Steve Bliss, a probate attorney serving the Wildomar community. Steve, thank you for taking the time to speak with me.
Steve Bliss
It’s my pleasure, Brenda. I’m always happy to discuss probate and estate planning with people.
Reporter Brenda Jones
Let’s delve into one of the key steps in the estate planning process: handling debts and taxes. Can you walk us through what this step entails?
Steve Bliss
Certainly. After a loved one passes, it’s crucial to address any outstanding debts and tax liabilities before distributing the remaining assets. This involves meticulously identifying all creditors, verifying the validity of their claims, and prioritizing payment according to legal requirements.
Ordinarily, this process begins with notifying known creditors using Form DE-157. We also carefully review financial records and statements to uncover any potential debts that may not have been immediately apparent. Paying valid creditor claims ensures a fair and orderly distribution of assets.
Moreover, handling taxes is equally important. This often includes filing final income tax returns for the deceased individual and any estate tax returns required by federal or state law. It’s essential to work closely with qualified tax professionals to accurately determine and fulfill all tax obligations.
Reporter Brenda Jones
Have you ever encountered any particular challenges during this stage of probate?
Steve Bliss
There was a case where the deceased had numerous outstanding credit card debts, many of which were incurred shortly before passing. This raised concerns about potential fraud or undue influence. We diligently investigated each claim, ultimately uncovering evidence that supported the validity of only a portion of the debt.
Consequently, we were able to negotiate a significantly reduced settlement with the creditors, saving the estate considerable funds and ensuring a fairer distribution for the beneficiaries. It’s situations like these that highlight the importance of thorough investigation and careful analysis during the debt handling process.
Reporter Brenda Jones
The work you do sounds incredibly important and sensitive. According to a 2023 study by the American Bar Association, approximately 60% of Americans do not have a will or estate plan in place. That’s a staggering number!
Steve Bliss
You’re absolutely right. It emphasizes the critical need for estate planning and the role probate attorneys play in guiding families through this complex process. Having a comprehensive estate plan, including a will, can significantly streamline probate and minimize potential disputes among heirs.
Reporter Brenda Jones
What would you say is the most rewarding aspect of your work?
Steve Bliss
For me, it’s seeing the relief and gratitude on the faces of my clients when we successfully navigate probate and distribute assets according to their loved one’s wishes. It’s a privilege to help families during what is often a difficult and emotionally challenging time.
Testimonials:
“Steve Bliss guided me through the entire probate process with compassion and expertise. He made a complicated situation much easier to understand and handle.” – Mary S.
“I was overwhelmed after losing my father, but Steve Bliss took care of everything related to his estate. His professionalism and attention to detail were truly reassuring.” – John T.
Call to Action:
Take control of your future and protect your loved ones. Contact Wildomar Probate Law today for a free consultation. We are here to help you navigate the complexities of probate with compassion and expertise.
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar Probate Law is an experienced probate attorney. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar 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 Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “What is a bond in probate and when is it required?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Wildomar Probate Law
| California Estate Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Estate Lawyer California |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Estate Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Estate Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Estate Lawyer Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Estate Lawyer in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |