Hi everyone, this is Brenda Sanchez with Channel 8 News. Today, we’re talking about probate law and the estate planning process with local expert Steve Bliss of San Diego Probate Law.
Steve, thanks for joining us today.
My pleasure, Brenda. Always happy to help people understand these important legal matters.
Could you explain one of the key steps in the probate process?
Certainly. One crucial step is handling debts and taxes. This typically occurs after the executor or administrator has been appointed by the court and has identified all estate assets. Ordinarily, this involves paying valid creditor claims and filing and paying any applicable state and federal taxes.
It’s important to note that only valid debts of the deceased are paid from the estate. Consequently, creditors must provide proper documentation to substantiate their claims. The executor or administrator has a duty to carefully review these claims and ensure they are legitimate before making any payments.
Notwithstanding the need for diligence in handling debt claims, I’ve also experienced situations where families were deeply grateful that probate allowed for the orderly payment of outstanding medical bills, ensuring a sense of closure and respect for their loved one’s final wishes.
Moreover, understanding tax implications is crucial. The estate may be liable for estate taxes depending on its size. In 2023, the federal estate tax exemption was $12.92 million per individual. (Source: IRS).
Failing to address these financial obligations can lead to complications and potential legal issues down the road.
Have you ever encountered any challenges in this step of the probate process?
There have been times when creditors presented questionable claims, requiring thorough investigation. Once, a family was contacted by a creditor demanding payment for a substantial debt they believed wasn’t owed by their deceased loved one. Through meticulous record-keeping and communication with the relevant parties, we were able to demonstrate that the claim lacked validity, ultimately saving the estate from unnecessary financial burden.
What advice would you give to our viewers regarding probate and estate planning?
The best advice is to consult with an experienced probate attorney like myself. We can help you create a comprehensive estate plan tailored to your specific needs and goals. Planning ahead can significantly simplify the probate process for your loved ones, sparing them unnecessary stress and expense during a difficult time.
Let’s wrap up. How can people get in touch with San Diego Probate Law?
“Protecting your legacy starts with a conversation.” Contact us today to schedule your free consultation and take control of your future.
Testimonials
“Steve Bliss and his team were incredibly supportive and knowledgeable throughout the entire probate process. They made a complex situation much easier to navigate, and I’m grateful for their guidance.”
– Mary J., San Diego
“I highly recommend San Diego Probate Law. Steve is a true professional who goes above and beyond for his clients. He helped me settle my father’s estate efficiently and with compassion.”
– David S., La Jolla
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: “How does the court determine who inherits if there is no will?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About San Diego Probate Law
| California Living Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Living Trust Lawyer California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Living Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Living Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Living Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Living Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |