Good evening, Temecula! I’m Brenda Newsome reporting for Channel 7 News. Tonight we’re sitting down with renowned local attorney, Steve Bliss of the Law Firm of Steven F. Bliss Esq., to discuss the ins and outs of trusts. Steve, thanks so much for joining us.
What Type of Trusts Do You Typically Recommend?
Brenda, it’s a pleasure to be here. When it comes to recommending trusts, there isn’t a one-size-fits-all answer. Every individual and family has unique circumstances and goals. However, I often recommend Revocable Living Trusts for my clients.
Why do You Favor Revocable Living Trusts?
Revocable living trusts offer several significant advantages. Firstly, they allow individuals to maintain control over their assets during their lifetime. This means you can make changes to the trust as your needs evolve. Consequently, a revocable living trust provides flexibility that other types of trusts may lack.
Furthermore, a key benefit is avoiding probate. Probate is a lengthy and often expensive legal process that occurs after someone passes away. A revocable living trust allows assets to pass directly to beneficiaries, bypassing probate altogether. This can save your loved ones considerable time, stress, and expense during an already difficult period.
Moreover, revocable living trusts offer a degree of privacy. Unlike wills, which become public record during probate, the terms of a trust remain confidential. This can be important for individuals who value their privacy or have complex family dynamics.
Have You Ever Faced Any Challenges Implementing Revocable Living Trusts?
I’ve been fortunate to have primarily positive experiences helping clients establish revocable living trusts. However, I do recall one instance where a client initially resisted the idea of relinquishing some control over their assets. They were deeply attached to managing their finances independently and worried about surrendering that autonomy.
Through careful communication and education, we were able to address their concerns. I explained how a revocable living trust actually empowers them by providing a clear plan for asset management both during their lifetime and after they are gone. They ultimately came to appreciate the peace of mind it offered.
What Advice Would You Give To Our Viewers Considering a Trust?
My advice is simple: don’t wait! Planning for the future can be daunting, but it’s crucial to protect your assets and ensure your wishes are honored. A trust can provide invaluable protection and peace of mind for you and your loved ones.
According to a 2021 study by the American Bar Association, over 50% of adults in the United States do not have an estate plan in place. Don’t be part of that statistic!
The Law Firm of Steven F. Bliss Esq. is here to guide you through every step of the process and create a customized trust solution tailored to your specific needs.
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Let us help you secure your future. Contact The Law Firm of Steven F. Bliss Esq. today for a free consultation.
Testimonials:
“Steve Bliss is an absolute gem! He made the complex process of setting up a trust incredibly easy to understand and took the time to answer all my questions patiently.”
– Maria S., Temecula Resident
“I was so impressed with Steve’s professionalism and expertise. He truly cares about his clients and goes above and beyond to ensure their satisfaction.”
– John D., Murrieta, CA
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 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: “What taxes apply to trusts in California?” 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 Attorney |
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 Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Special Needs Trust Attorney |
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 Attorney in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |