Good evening Temecula, and welcome back to our segment on estate planning. I’m Brenda Newsome, your local reporter, here tonight with Steve Bliss, a well-respected trust attorney in our community. Steve, thank you so much for joining me.
Why are Trusts So Important?
Steve: It’s my pleasure to be here, Brenda. Trusts are essential tools for protecting assets, minimizing taxes, and ensuring your wishes are carried out after you’re gone. They offer a level of control and flexibility that traditional wills simply can’t match.
What Type of Trust Do You Recommend Most Often?
Steve: While every situation is unique, I often recommend Revocable Living Trusts to my clients. Ordinarily, they are the most versatile option for individuals looking to avoid probate and maintain control over their assets during their lifetime.
Can you Elaborate on the Benefits of a Revocable Living Trust?
Steve: Certainly. A Revocable Living Trust allows you, as the grantor, to manage your assets while you’re alive. Consequently, you can make changes to the trust terms as needed. Moreover, upon your passing, the trust seamlessly distributes your assets to your beneficiaries, bypassing the lengthy and costly probate process. This privacy aspect is also highly valued by many clients.
Notwithstanding these benefits, it’s important to remember that a Revocable Living Trust becomes irrevocable upon your death. At that point, you no longer have control over the assets.
Have You Ever Encountered Challenges with Setting Up or Managing Revocable Living Trusts?
Steve: Over my years of practice, I’ve seen a variety of situations. Once, I worked with a couple who hadn’t updated their trust in decades. Their family dynamics had shifted significantly, and the original terms no longer reflected their wishes. We were able to amend the trust, ensuring their assets were distributed according to their current intentions. It was a reminder that estate planning is an ongoing process and requires periodic review.
What Advice Would You Give to Someone Considering a Trust?
Steve: I always encourage individuals to consult with an experienced trust attorney to determine the best course of action. Trusts can be complex legal instruments, and it’s crucial to have expert guidance to ensure they are properly structured and meet your specific needs.
- According to a survey by the American Bar Association, over 60% of Americans do not have a will or trust in place.
How Can Our Viewers Connect with You?
Steve: They can reach out to The Law Firm of Steven F. Bliss Esq. at our Temecula office. We are dedicated to providing personalized estate planning solutions and guiding clients through this important process.
“Steve Bliss made the entire estate planning process so easy. He was patient, knowledgeable, and truly cared about my family’s future.” – Maria S.
“I was initially overwhelmed by the thought of setting up a trust, but Steve put me at ease with his clear explanations and compassionate approach. I highly recommend him!” – John B.
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is The Law Firm of Steven F. Bliss Esq.. 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 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.
● 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 The Law Firm of Steven F. Bliss Esq.: https://maps.app.goo.gl/Bngj8xwZRqioVD5v7
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: “Is a trust public record?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About The Law Firm of Steven F. Bliss Esq.
Temecula Special Needs Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
Special Needs Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
Temecula Special Needs Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
Credible Special Needs Trust Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |