A Conversation with San Diego Probate Attorney
Good evening San Diego and welcome back to our legal spotlight segment. Tonight, we’re joined by local probate attorney, Steve Bliss, founder of San Diego Probate Law. Steve, thanks for joining us.
Probate Process: Handling Debts and Taxes
Steve, could you shed some light on one of the crucial steps in the probate process?
Certainly. One critical step involves handling debts and taxes. After a loved one passes away, it’s our responsibility to ensure their financial affairs are settled properly. This includes identifying and paying valid creditor claims. Consequently, we diligently review all outstanding bills, loans, and other debts the deceased may have incurred.
Moreover, filing and paying any applicable state and federal taxes is also essential during this phase. Ordinarily, we work closely with certified public accountants to ensure accurate tax calculations and timely submissions. This meticulous process helps avoid potential penalties and complications down the road.
Remember, navigating these financial obligations can be complex and emotionally draining for grieving families. Having an experienced probate attorney by your side can alleviate some of this burden and provide peace of mind during a difficult time.
- According to a 2022 study by the American Bar Association, nearly 75% of estates involve some form of debt settlement.
- The same study found that proper tax preparation and filing can save an estate thousands of dollars in potential penalties.
A Touching Moment: Ensuring Peace of Mind
Steve, have you ever encountered any unique challenges during this step of the probate process?
I recall a case where the deceased had left behind numerous unpaid medical bills. The family was overwhelmed with grief and struggled to comprehend the complex billing statements. We stepped in, meticulously reviewed each bill, negotiated payment plans with creditors, and ultimately secured significant reductions. Seeing the relief wash over the family’s faces when they realized their financial burden wouldn’t cripple them was deeply rewarding.
Testimonial
“Steve Bliss and his team at San Diego Probate Law were a lifeline during a difficult time. They handled all the complex legal and financial details with compassion and expertise, allowing me to focus on grieving my loss.”
– Sarah J., San Diego
Building a Legacy: Next Steps for Your Estate Planning
Steve, any final words of advice for our viewers?
Probate can be a complex process, but it doesn’t have to be overwhelming. By planning ahead and seeking guidance from experienced professionals, you can ensure your wishes are honored and your loved ones are protected.
Let us guide you through the complexities of probate and help secure your legacy for generations to come.
Contact San Diego Probate Law today for a complimentary 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 are the penalties for mishandling probate funds?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |