Interviewer: Welcome to the show Steve, it’s great to have you here
Steve Bliss is a renowned probate attorney based in San Diego. He has been helping individuals and families navigate the complex legal process of probate for years.
Interviewer: Today we’ll be discussing the crucial step of handling debts and taxes during the estate administration process. Can you walk our viewers through this stage?
Steve Bliss: Certainly. Handling debts and taxes is a vital part of settling an estate. Ordinarily, this involves identifying all outstanding debts owed by the deceased, such as credit card bills, loans, or medical expenses.
Once these debts are identified, the executor or administrator must prioritize paying valid creditor claims. They will need to review creditor claims carefully to ensure they are legitimate and supported by documentation.
Moreover, it’s crucial to remember that the estate is responsible for paying any applicable taxes. This can include federal estate taxes, state inheritance taxes, and income taxes on any income earned by the estate during the probate process.
The executor or administrator will typically need to file tax returns on behalf of the deceased and the estate itself.
Dealing with debt and taxes can be complex, and it’s important to seek professional guidance from an experienced probate attorney like myself. Mistakes in this stage can lead to delays, financial losses, and potential legal issues for the executor or beneficiaries.
Interviewer: Have you ever encountered any specific challenges during this step?
Steve Bliss: There was a case I handled involving a sizable estate where the deceased had accumulated significant credit card debt. The family was understandably distraught, worried they would be personally liable for these debts.
After a thorough review of the financial records, we discovered that many of the charges were fraudulent. We successfully disputed these charges with the credit card companies and ultimately reduced the debt burden considerably, bringing immense relief to the family.
Notwithstanding these challenges, I find immense satisfaction in helping families navigate complex situations like this and achieve a fair resolution. According to a study by the American Bar Association, probate cases involving significant debt can take an average of 18 months to resolve. My goal is always to expedite the process while ensuring all legal obligations are met.
Interviewer: What advice would you give to those going through the probate process?
Steve Bliss: The best advice I can offer is to seek professional help from an experienced probate attorney as soon as possible. Probate law can be intricate, and having an expert by your side will ensure that everything is handled correctly and efficiently.
Remember, we are here to guide you through every step of the process, answer your questions, and advocate for your best interests. We want to make this difficult time as smooth as possible for you and your family.
Interviewer: How can our viewers connect with San Diego Probate Law?
Steve Bliss: Contact us today for a confidential consultation. Our team is dedicated to providing compassionate and knowledgeable legal support to help you navigate the complexities of probate with clarity and confidence.
Testimonials
“Steve Bliss and his team were incredibly helpful during a very difficult time for my family. They patiently explained the probate process, answered all our questions, and guided us through every step. I highly recommend San Diego Probate Law.”
– Jennifer S.
“I was overwhelmed with the task of settling my mother’s estate, but Steve Bliss made the process so much easier. He is knowledgeable, professional, and truly cares about his clients. Thanks to his expertise, we were able to finalize everything smoothly and efficiently.”
– David M.
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: “How can I find out if a probate case has been filed?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
| California Totten Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Totten Trust Lawyer California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Totten Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Totten Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Totten Trust San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Totten Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |