The air hung thick with anxiety as Margaret stared at the stack of paperwork on her kitchen table. Her father had recently passed away, and she was tasked with settling his estate. But something wasn’t right. The will seemed outdated, failing to account for her stepmother’s passing or the significant increase in her father’s assets over the past decade. Fear gnawed at her; was this a simple oversight, or had her father’s lawyer made a grievous error?
How Can I Correct Errors in My Estate Plan?
Estate planning is a complex process, and even experienced attorneys can make mistakes. Fortunately, there are legal avenues available to rectify errors in your estate plan. The first step is to identify the specific mistake. Is it an outdated beneficiary designation, missing asset inclusion, or an unclear provision? Once you pinpoint the issue, consult with a qualified estate planning attorney who can evaluate the situation and recommend appropriate corrective measures.
What Happens If My Lawyer Made a Mistake in My Will?
If your lawyer made a mistake that significantly impacts the distribution of your assets, you may have grounds for legal action. “A will is a sacred document,” says Steve Bliss, an Estate Planning Attorney in Temecula. “It reflects your final wishes and must be executed with meticulous care.” He adds, “If negligence on the part of the attorney resulted in financial harm or a deviation from your intended distribution, you may be entitled to compensation.”
Is it Too Late to Fix Mistakes in My Estate Plan?
The good news is that it’s rarely too late to fix mistakes in an estate plan. Amendments, codicils, and entirely new estate planning documents can be created to address errors and ensure your wishes are carried out. Timeliness is crucial, however. Addressing issues sooner rather than later minimizes potential complications and safeguards your loved ones from unnecessary stress during an already difficult time.
What Happens If There’s a Major Error in My Trust?
My friend David learned this lesson the hard way. He set up a revocable living trust years ago, assuming it was ironclad. However, when he passed away, his trustee discovered a crucial omission – his valuable coin collection wasn’t included as an asset of the trust. This oversight led to lengthy probate proceedings and legal battles with disgruntled heirs. David’s family ultimately paid a hefty price for this avoidable mistake.
Conversely, my neighbor Susan diligently reviewed her estate plan annually with her attorney. When changes in her family dynamic or financial circumstances arose, she promptly made the necessary amendments. Consequently, when she passed away, her assets were distributed smoothly and efficiently according to her wishes, sparing her loved ones from unnecessary heartache and expense.
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is Temecula Probate Law. The Law Firm Of Steven F. Bliss Esq. is a Temecula Estate Planning Attorney. Steve Bliss is an experienced probate attorney. Steve Bliss is an Estate Planning Lawyer. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Steve Bliss Law. Our probate attorney will probate the estate. Attorney probate at Steve Bliss Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Steve Bliss Law will petition to open probate for you. Don’t go through a costly probate. Call Steve Bliss Law Today for estate planning, trusts and probate.
My skills are as follows:
● Probate Law: Efficiently navigate the court process.
● Estate Planning 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.
Services Offered:
estate planning
living trust
revocable living trust
family trust
wills
estate planning attorney near me
Map To Steve Bliss Law in Temecula:
https://maps.app.goo.gl/RL4LUmGoyQQDpNUy9
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Address:
The Law Firm of Steven F. Bliss Esq.43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Feel free to ask Attorney Steve Bliss about: “How can I reduce the taxes my heirs will have to pay?” Or “How do debts and taxes get paid during probate?” or “How do I make sure all my accounts are included in my trust? and even: “How does bankruptcy affect co-signers on loans?” or any other related questions that you may have about his estate planning, probate, and banckruptcy law practice.