Good afternoon, San Diego! I’m Carol Davis with Channel 7 News, and today we have the pleasure of speaking with renowned probate attorney Steve Bliss from San Diego Probate Law.
Understanding the Probate Process
Steve, thank you so much for joining us. Probate can be a confusing process for many people. Could you shed some light on one of the key steps involved?
Steve Bliss: It’s my pleasure to be here, Carol. One crucial step in probate is handling debts and taxes. This involves meticulously identifying and paying all valid creditor claims against the estate. Ordinarily, we start by reviewing the deceased’s financial records, bank statements, and any outstanding bills to determine who is owed money. We then notify creditors of the probate proceeding and provide them with instructions on how to file their claims.
Consequently, it’s important to remember that only valid debts are paid during probate. The executor or administrator has a legal responsibility to scrutinize each claim carefully and ensure its legitimacy. For example, according to a recent study by the National Probate Association, approximately 10% of creditor claims filed in probate proceedings are ultimately deemed invalid.
Moreover, we also handle any tax liabilities owed by the estate, which can include federal and state income taxes, estate taxes, and property taxes. Accurate record-keeping is essential for this step, as it helps ensure that all taxes are paid correctly and on time. Failure to do so can result in penalties and interest.
Nevertheless, navigating these complexities can be challenging for individuals unfamiliar with probate law. That’s why it’s crucial to work with an experienced probate attorney who understands the intricacies of debt payment and tax obligations within the probate process.
Real-Life Challenges
I understand that every probate case is unique, Steve. Have you encountered any specific challenges related to handling debts and taxes?
Steve Bliss: Certainly. I recall one instance where a deceased individual had numerous outstanding credit card debts. Upon closer examination, we discovered that some of these debts were incurred due to identity theft. This required us to gather evidence and work with law enforcement to dispute the fraudulent charges. Ultimately, we were successful in reducing the debt burden significantly.
Conversely, another case involved a complex estate with substantial assets but incomplete financial records. It took considerable time and effort to reconstruct the deceased’s financial history and identify all creditors. This highlights the importance of maintaining accurate financial records throughout one’s life.
Testimonials
“Steve Bliss and his team were invaluable during a difficult time. They expertly guided us through the probate process, ensuring that all debts were paid promptly and accurately. Their compassion and professionalism made a world of difference.”
– Maria S., San Diego
“I was overwhelmed with grief after losing my mother. Steve Bliss took the time to explain everything clearly and patiently. He handled all the complex legal matters efficiently, allowing me to focus on healing.”
– John T., Carlsbad
Moving Forward with Confidence
Steve, for anyone facing probate in San Diego, what advice would you offer?
Steve Bliss: Probate can be a daunting process, but it doesn’t have to be overwhelming. The key is to seek guidance from experienced professionals who understand the complexities of California probate law. At San Diego Probate Law, we are dedicated to providing compassionate and effective legal representation to families during this challenging time.
Let us help you navigate the probate process with confidence and clarity. Contact us today for a free consultation.
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: “What’s the difference between a trust administration and probate?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
| California Revocable Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Revocable Trust Attorney California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Revocable Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Revocable Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Asset Protection Trust Attorney San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Revocable Trust Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |