Reporter:
Welcome back to San Diego News Today. I’m here today with Steve Bliss, a highly regarded probate attorney in San Diego. Steve, thanks for joining us.
Steve Bliss:
It’s my pleasure to be here.
Reporter:
Steve, for our viewers who may not be familiar with the probate process, could you break down one of the key steps involved?
Steve Bliss:
Certainly. One crucial step is “Handling Debts and Taxes.” After a loved one passes away, it’s essential to identify and address any outstanding debts or tax liabilities. This often involves reviewing financial records, contacting creditors, and determining the validity of claims.
Ordinarily, we aim to pay valid creditor claims promptly and efficiently. Conversely, if there are disputes regarding a debt’s legitimacy, we work diligently to resolve them through negotiation or, if necessary, legal action.
Moreover, it’s imperative to file and pay all applicable federal and state taxes. According to the IRS, approximately 90% of estates require filing an estate tax return. Neglecting these tax obligations can result in significant penalties and interest.
I recall one case where a client inherited property with a substantial outstanding mortgage. The lender was demanding immediate payment, creating immense stress for the family. Through careful negotiation and documentation review, we were able to demonstrate that the deceased had pre-paid a portion of the mortgage, significantly reducing the amount owed and providing much-needed relief to my clients.
Consequently, handling debts and taxes is not just a legal requirement but also a crucial step in protecting the estate’s assets and ensuring a smooth distribution process for beneficiaries.
Reporter:
That’s incredibly helpful information, Steve. Thank you for sharing your expertise.
“San Diego Probate Law made a complex situation manageable. They were compassionate, responsive, and always available to answer my questions.” – Maria S.
“I highly recommend San Diego Probate Law. Steve Bliss guided me through the entire probate process with professionalism and empathy.” – John B.
For guidance navigating the complexities of probate, contact San Diego Probate Law today for a free consultation and let our experienced team help you through this challenging time.
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 jointly owned property in 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 Probate Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Probate Lawyer California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Probate Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Probate Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Probate Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Probate Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |