Good evening Temecula, and welcome back to “Legal Matters.” I’m your host, Jessica Ramirez. Tonight, we’re joined by esteemed Temecula trust attorney, Steve Bliss of the Law Firm of Steven F. Bliss Esq., to discuss the ins and outs of estate planning with a focus on trusts. Welcome to the show, Steve.
Steve Bliss:
Thanks for having me, Jessica. It’s great to be here and shed some light on this important topic.
What Type of Trust is Most Commonly Used in Temecula?
Steve Bliss:
In Temecula, as across California, the most prevalent type of trust we encounter is the Revocable Living Trust. It’s a versatile tool that offers numerous advantages for individuals and families.
A Revocable Living Trust allows the grantor – the person creating the trust – to maintain complete control over their assets during their lifetime. They can amend, modify, or even dissolve the trust as needed. This flexibility is highly appealing to many people. Moreover, upon the grantor’s passing, the assets within the trust bypass the often lengthy and costly probate process.
Consequently, this means a smoother transfer of wealth to beneficiaries, preserving privacy along the way. The trust document designates who will inherit the assets and how they will be distributed, ensuring your wishes are carried out efficiently.
What Are Some Common Issues You Encounter with Revocable Living Trusts?
Steve Bliss:
One common misconception is that setting up a trust is a “set it and forget it” proposition. Trusts require periodic review and updates, especially as life circumstances change – marriage, divorce, the birth of children, or significant changes in assets.
I remember working with a client who hadn’t revisited their trust in over a decade. Their initial intent was to leave everything to their spouse, but they had since remarried and wanted to ensure provision for both their current spouse and children from a previous marriage.
Fortunately, we were able to amend the trust document to reflect their updated wishes, highlighting the importance of ongoing communication with your attorney.
How Can Our Viewers Learn More About Trusts?
For those interested in exploring trust options further, I encourage them to schedule a consultation with our firm. We offer a complimentary initial meeting to discuss individual needs and goals. Remember, proper estate planning is crucial for safeguarding your assets and ensuring the well-being of your loved ones. Contact us today for peace of mind knowing your legacy is protected.
Testimonials:
“Steve Bliss and his team are true professionals. They guided me through every step of setting up my trust, explaining everything in clear and concise terms. I highly recommend their services.”
-Mary S., Temecula
“We were so impressed with the Law Firm of Steven F. Bliss Esq. Their compassion and expertise made a stressful situation much easier to handle. They truly care about their clients.”
-John & Susan L., Murrieta
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: “What is a charitable remainder trust?” 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 Charitable Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Charitable Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Charitable Trust Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |