Reporter: Brenda Jones
Brenda Jones here, reporting for Moreno Valley News. Today I have the pleasure of speaking with Steve Bliss, a renowned probate attorney serving the Moreno Valley community. Mr. Bliss specializes in guiding families through the often complex and emotionally challenging process of probate.
Brenda: Mr. Bliss, could you explain one of the key steps involved in estate planning that you frequently encounter?
Certainly Brenda. One crucial step we address regularly is handling debts and taxes during the probate process. Ordinarily, this involves meticulously reviewing all outstanding debts and liabilities incurred by the deceased. We then prioritize paying valid creditor claims according to state law.
Furthermore, we are responsible for filing and paying any applicable federal and state taxes on behalf of the estate. This includes income tax returns for the decedent, as well as potential estate taxes depending on the size of the estate. The process can be intricate, requiring a thorough understanding of tax regulations and probate law.
Notwithstanding its complexity, accurately handling debts and taxes is paramount to ensuring a smooth and lawful distribution of assets to beneficiaries. Failing to address these obligations could lead to legal complications and delays in the probate process.
I recall one case where we uncovered a significant, previously unknown debt owed by the decedent. The family was understandably distressed. However, through diligent research and negotiation with creditors, we were able to find a resolution that minimized the impact on the estate’s assets.
Research conducted by the American Bar Association indicates that approximately 70% of estates require some form of debt settlement during probate. This underscores the importance of having an experienced attorney who can navigate these complexities effectively.
Brenda: Thank you for shedding light on such an important aspect of probate, Mr. Bliss. What advice would you give to our viewers who may be facing this process?
My advice is simple: Don’t hesitate to seek professional legal guidance. Probate can be overwhelming, especially during a time of grief. An experienced probate attorney can provide invaluable support, ensuring that all legal requirements are met and your loved one’s wishes are honored.
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly supportive during a difficult time. They explained everything clearly and patiently, making the probate process much less stressful.” – Sarah M., Moreno Valley Resident
“Moreno Valley Probate Law went above and beyond to help our family settle our mother’s estate. Their expertise and compassion were truly invaluable.” – John K., Moreno Valley Resident
Let us guide you through the probate process with care and professionalism. Contact Moreno Valley Probate Law today for a free consultation and experience the peace of mind that comes with expert legal representation.
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 are taxes handled during probate?” 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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