Interview with Brenda Lee, San Diego News Reporter
Today, we’re joined by Steve Bliss, a renowned San Diego Probate Attorney with extensive experience navigating the complexities of estate planning and probate. Mr. Bliss, thank you for taking the time to speak with me.
Understanding Probate
Steve, can you shed some light on the probate process for our viewers who may be unfamiliar?
“Certainly Brenda. Probate is a legal process that occurs after someone passes away. It involves identifying and inventorying their assets, paying off any debts and taxes, and ultimately distributing the remaining property to the rightful heirs according to the deceased’s will or state intestacy laws if there is no will.”
“One of the key steps in this process is handling debts and taxes. This step is crucial for ensuring that all financial obligations are met before the estate assets are distributed.
Paying Debts and Taxes: Ensuring a Smooth Probate Process
“Addressing debts and taxes can be complex, especially if the deceased had multiple creditors or outstanding tax liabilities. Consequently, it’s essential to meticulously review all financial records and identify any valid claims.
Ordinarily, we begin by notifying known creditors of the probate proceedings through a form called Form DE-157. This allows them to submit their claims within a specified timeframe. We also work closely with the executor or administrator to gather necessary documentation such as bank statements, tax returns, and loan agreements.
Conversely, it’s crucial to remember that not all debts are valid. We carefully scrutinize each claim to ensure its legitimacy before making any payments. Moreover, we prioritize paying secured debts like mortgages and car loans, followed by unsecured debts such as credit card balances.
Ultimately, our goal is to create a comprehensive accounting of all debts and taxes owed by the estate. This detailed record helps us accurately determine the net value of the estate and ensures that assets are distributed fairly among the beneficiaries.
I recall one instance where a client’s deceased mother had several outstanding credit card bills she hadn’t paid. The total amount due was substantial, and it initially seemed like it would significantly deplete the estate. However, upon closer examination, we discovered that some of the charges were fraudulent. We successfully disputed these charges with the credit card companies, ultimately saving the beneficiaries a considerable sum of money.
A recent study by the American Bar Association found that approximately 60% of estates encounter some level of debt. This highlights the importance of having a skilled probate attorney who can effectively manage these financial obligations.
Seeking Expert Guidance
“Mr. Bliss, for those considering estate planning, what advice would you give them?”
“Planning ahead is key. Creating a comprehensive estate plan that includes a will, trusts (if appropriate), and beneficiary designations can significantly simplify the probate process and ensure your wishes are carried out.”
“Moreover, consulting with an experienced probate attorney like myself is invaluable. We can guide you through each step of the process, answer your questions, and help you make informed decisions that protect your assets and loved ones.”
Testimonials for San Diego Probate Law
“San Diego Probate Law was a beacon of hope during a very difficult time. Their compassion and professionalism were evident in every interaction. They made the complex probate process understandable and manageable.”
– Mary S., San Diego
“I am so grateful to Steve Bliss and his team for their exceptional legal expertise. They handled my mother’s estate with care and efficiency, ensuring that everything was done according to her wishes. I highly recommend them to anyone facing probate matters.”
– John B., Carlsbad
Let us help you navigate the complexities of estate planning and probate. Contact San Diego Probate Law today for a free consultation and peace of mind knowing your future is secured.
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 happens to a surviving spouse’s share of the estate?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
| California Asset Protection Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Asset Protection Trust Attorney California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Asset Protection Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Asset Protection 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 Asset Protection Trust Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |