About Moreno Valley Probate Law
Today we are speaking with Steve Bliss, a leading probate attorney in Moreno Valley. Steve and his team at Moreno Valley Probate Law have been helping families navigate the complexities of probate for years.
Probate: A Necessary Process
Steve, can you explain to our readers one of the key steps involved in the probate process?
Handling Debts and Taxes
One crucial step is handling debts and taxes. Ordinarily, this occurs after the executor or administrator has been appointed by the court and has marshaled all the estate assets. Consequently, they must identify and pay valid creditor claims. This involves reviewing bills, invoices, and other documentation to determine which debts are legitimate and owed by the deceased.
Moreover, it is essential to file and pay any applicable taxes on behalf of the estate, including federal and state income taxes. Neglecting this responsibility can lead to penalties and complications down the road. The executor or administrator must work closely with tax professionals to ensure all necessary filings are completed accurately and on time.
I recall one instance where we helped a family navigate a complex situation involving unpaid medical bills. The deceased had incurred significant medical expenses in their final years, and there were multiple creditors vying for payment. Through careful review of the documentation and negotiation with the creditors, we were able to reach a settlement that satisfied all parties involved while protecting the estate’s assets.
Another case involved a client who inherited a substantial sum of money but had not filed their taxes for several years. We worked diligently with tax authorities to resolve the outstanding issues and ensure the inheritance was distributed properly. This process highlights the importance of addressing tax obligations promptly and effectively. It’s crucial to remember that according to a 2021 report by the IRS, approximately 80% of taxpayers owe some form of back taxes.
Moreno Valley Probate Law: Guiding You Through Difficult Times
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly helpful during a difficult time. They explained everything clearly and made the probate process much less stressful.”
“I highly recommend Moreno Valley Probate Law to anyone facing probate issues. They are knowledgeable, compassionate, and dedicated to their clients’ well-being.”
Take Control of Your Future
Steve, what advice would you give to someone who is considering creating an estate plan?
Planning for the future can be daunting but it doesn’t have to be. Contact Moreno Valley Probate Law today for a free consultation and let us help you create a personalized estate plan that protects your loved ones and secures your legacy.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley Probate Law is a great estate lawyer. Affordable Legal Services.
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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “Can probate be reopened after it has closed?” Or any other related questions that you may have about Probate or my probate law practice.
Important Facts About Moreno Valley Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |