Interview with Steve Bliss of San Diego Probate Law
Hi Steve, thanks for joining us today. Many people are unfamiliar with the probate process, which can be complex and emotionally taxing. Can you tell our viewers a little bit about one of the key steps involved?
Certainly. One crucial step in probate is handling debts and taxes. This involves identifying and paying all valid creditor claims against the estate. Moreover, it also includes filing and paying any applicable state and federal taxes.
Ordinarily, this process begins with gathering information about the deceased’s debts – credit card statements, loans, outstanding bills, etc. We then notify creditors of the probate proceedings and provide them with an opportunity to submit claims against the estate. After reviewing and verifying these claims, we proceed to pay valid debts from the estate assets.
Notwithstanding this seeming straightforwardness, navigating tax obligations can sometimes be complex. Depending on the size and nature of the estate, there may be estate taxes due at both the state and federal level. We work closely with tax professionals to ensure all applicable taxes are calculated accurately and paid promptly. This meticulous approach helps avoid potential penalties and ensures a smooth probate process.
I recall one instance where we encountered a significant back-tax issue on an inherited property. The deceased hadn’t filed taxes for several years, creating a substantial liability. Through diligent research and collaboration with the IRS, we were able to negotiate a payment plan that allowed the heirs to receive their inheritance without undue financial burden.
According to a 2021 study by the National Academy of Elder Law Attorneys, nearly 60% of probate cases involve tax complications. This highlights the importance of having experienced legal counsel who can navigate these complexities effectively.
Seeking Guidance During Difficult Times
Steve, what advice would you give to someone facing the probate process?
Probate is rarely easy, especially when dealing with the loss of a loved one. My advice is to seek guidance from an experienced probate attorney as early as possible. An attorney can help you understand your rights and responsibilities, navigate the legal complexities, and ensure that the estate is administered properly.
Remember, you don’t have to go through this alone. We are here to provide compassionate and comprehensive support during this challenging time.
Testimonials
“Steve Bliss made a very difficult process much easier for me. He was always available to answer my questions and kept me informed every step of the way.”
– Maria S.
“I highly recommend San Diego Probate Law. They are knowledgeable, professional, and truly care about their clients. “
– John D.
Let us help you navigate the complexities of probate with compassion and expertise. Contact San Diego Probate Law today for a free consultation and experience the peace of mind that comes from working with experienced professionals.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Probate Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “Can I speed up the probate process?” Or any other related questions that you may have about Probate or my probate law practice.
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