Hello everyone, this is Brenda Johnson reporting live from Moreno Valley. Today we’re joined by local probate attorney, Steve Bliss of Moreno Valley Probate Law. Steve, thanks for taking the time to chat with me today about estate planning.
Understanding the Probate Process
Steve, let’s talk about the probate process. Can you explain one step in detail for our viewers who might be unfamiliar with it?
Certainly, Brenda. One crucial stage is “Handling Debts and Taxes.” Ordinarily, this occurs after the executor or administrator has marshaled the estate assets.
The process involves meticulously reviewing the decedent’s financial records to identify all outstanding debts, including credit card bills, loans, medical expenses, and utility bills.
Consequently, it’s essential to contact creditors, provide them with necessary documentation such as a death certificate, and arrange for payment of valid claims. Moreover, this step also encompasses filing and paying any applicable federal and state taxes on behalf of the estate. For instance, according to the IRS, approximately 40% of estates are subject to federal estate taxes.
I recall one case where a family was unaware of a substantial outstanding medical debt incurred by their deceased loved one. It took some investigative work, but we were able to negotiate a settlement with the hospital, relieving a significant financial burden for the beneficiaries.
Moreno Valley Probate Law: Experienced and Compassionate
“Steve Bliss and his team at Moreno Valley Probate Law guided me through a complex probate process with professionalism and empathy. They made a difficult time much easier to navigate.”
“I highly recommend Moreno Valley Probate Law. Their expertise and dedication are unmatched.”
Navigating the legal complexities of probate can be overwhelming, but Steve Bliss and his team at Moreno Valley Probate Law are here to help. Let them ease your burden during a challenging time.
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: “Is mediation available for probate disputes?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
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