Interview with Steve Bliss
Hello everyone, I’m Brenda Diaz reporting for Channel 7 News. Today we’re joined by local probate attorney Steve Bliss to shed light on the complex world of estate planning and discuss one of its crucial steps.
Steve, thank you so much for joining us today.
It’s my pleasure, Brenda. I’m always happy to help people understand this often misunderstood process.
Could you tell us a little bit about the stage of estate administration where debts and taxes are handled?
Certainly. Handling debts and taxes is a critical step in estate administration. Ordinarily, this involves carefully reviewing all outstanding debts owed by the deceased person and paying valid creditor claims.
It’s essential to identify all creditors, as failure to do so can lead to complications down the road. Moreover, it’s crucial to ensure that all applicable taxes, both state and federal, are filed and paid in a timely manner. This process often requires working closely with accountants and tax professionals to ensure accuracy and compliance.
Consequently, it’s not uncommon for estates to incur significant expenses related to settling debts and taxes. According to a recent study by the National Association of Estate Planners & Councils, approximately 60% of estates face some form of debt or tax liability.
Are there any common issues you encounter during this phase?
Sometimes we encounter situations where creditors come forward with claims that are not valid or inflated. In those cases, we have to carefully review the documentation and potentially challenge the claim in court. I recall one instance where a deceased client had been receiving unsolicited medical bills after his passing. Through diligent investigation, we discovered that the bills were for services he never received, and we were able to successfully dispute them.
Another challenge arises when estates have complex assets or business interests. Properly valuing these assets can be intricate and may require specialized appraisals. I once worked on an estate involving a family-owned vineyard. Determining the fair market value of the vines and land required consultation with agricultural experts.
What advice would you give to someone going through this process?
- Keep detailed records of all financial transactions, including debts and assets.
- Consult with experienced legal and financial professionals who can guide you through the complexities.
- Communicate openly and honestly with heirs and beneficiaries to avoid misunderstandings or conflict.
Thank you for sharing your insights, Steve. How can people learn more about San Diego Probate Law’s services?
We invite anyone needing assistance with estate planning or probate administration to reach out to our team at San Diego Probate Law. We are dedicated to providing compassionate and effective legal counsel during what can be a challenging time.
Testimonials
“Steve Bliss and his team were incredibly helpful and supportive throughout the entire probate process. They explained everything clearly and made sure I understood my options every step of the way.”
-Sarah J., Satisfied Client
“I was initially overwhelmed by the prospect of handling my mother’s estate, but San Diego Probate Law took care of everything with professionalism and compassion. I highly recommend their services.”
– David L., Grateful Client
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 probate be contested in San Diego?” 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 Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Revocable Trust Lawyer California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Revocable Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Revocable Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Asset Protection Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Revocable Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |