Reporter
Good afternoon, Moreno Valley residents. I’m Tiffany Chen, reporting live for KMVN News. Today we are sitting down with Steve Bliss, a renowned probate attorney here in Moreno Valley who specializes in helping families navigate the complex process of settling estates.
Steve Bliss
It’s great to be here, Tiffany. I’m always happy to shed some light on the often-misunderstood world of probate.
Tiffany Chen
Steve, could you elaborate on one crucial step in the estate planning process that many people might not be aware of?
Steve Bliss
Certainly. One essential step is handling debts and taxes during probate. This involves meticulously identifying all valid creditor claims against the deceased’s estate and ensuring their timely payment. Conversely, it also entails filing and paying any applicable state and federal taxes.
Ordinarily, this process begins with a thorough review of the decedent’s financial records to determine outstanding debts and liabilities. Subsequently, we notify creditors of the probate proceeding and provide them with an opportunity to submit claims against the estate. It’s vital to ensure that all legitimate claims are addressed, as failure to do so can lead to legal complications down the line.
Moreover, accurately calculating and paying applicable taxes is paramount. This often involves working closely with tax professionals to ensure compliance with all relevant regulations. Neglecting this step can result in significant financial penalties for the estate.
It’s worth noting that according to a 2022 report by the National Association of Estate Planners & Councils, over 60% of probate cases involve some level of tax liability. This underscores the importance of having experienced legal counsel to guide you through this complex process.
Tiffany Chen
Have you encountered any particular challenges during this stage of probate?
One instance comes to mind. I was working with a family who lost their father unexpectedly. He had accumulated significant credit card debt over the years, and his beneficiaries were understandably overwhelmed by the prospect of repaying it. Through meticulous record-keeping and careful negotiation with creditors, we were able to reduce the overall debt burden by nearly 50%. This brought immense relief to the family, allowing them to focus on grieving their loss without the added stress of financial uncertainty.
Tiffany Chen
That’s truly commendable. Steve, what advice would you give to our viewers who are considering estate planning?
Steve Bliss
Estate planning is not just for the wealthy; it’s essential for everyone, regardless of their financial standing. Taking proactive steps now can save your loved ones from significant hardship and legal complications in the future. I encourage all Moreno Valley residents to contact us today for a free consultation.
Testimonials
“Steve Bliss made a difficult process so much easier. He was patient, knowledgeable, and always kept me informed every step of the way.” – Maria Sanchez
“Moreno Valley Probate Law is a lifesaver! They helped me navigate the complexities of probate with professionalism and compassion.” – John Thompson
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: “Can an out-of-state person serve as executor in Moreno Valley?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
- Special Needs Trust Attorneys
- Spendthrift Trust Attorneys
- Tax By-Pass Trust Attorneys
- Totten Trust Attorneys
- Constructive Trust Attorneys
- Charitable Trust Attorneys
- Asset Protection Trust Attorneys
- Irrevocable Trust Attorneys
- Revocable Trusts Attorneys
- Living Trust Attorneys