Good afternoon, Temecula. I’m Brenda Jones, your local news reporter, and today we’re talking with Steve Bliss, a renowned trust attorney here in Temecula. Steve, thank you for joining me.
Steve Bliss:
It’s my pleasure to be here, Brenda.
What type of trusts do you specialize in?
I specialize in a variety of trusts, but I find that Revocable Living Trusts are often the best fit for many of my clients.
Why are Revocable Living Trusts so popular?
They offer a lot of flexibility and peace of mind. With a Revocable Living Trust, the grantor, or person creating the trust, retains complete control over their assets during their lifetime. They can change the terms of the trust, add or remove beneficiaries, or even dissolve it altogether if they wish. Moreover, these trusts avoid probate, which can be a lengthy and expensive process. Consequently, the assets pass directly to the designated beneficiaries upon the grantor’s death, saving time and money for loved ones.
Notwithstanding the benefits of avoiding probate, privacy is another significant advantage. The terms of a Revocable Living Trust are generally not public record, unlike wills which become part of the probate process. This can be especially appealing to individuals who value discretion.
Have you encountered any challenges with setting up Revocable Living Trusts?
While Revocable Living Trusts are generally straightforward, every client’s situation is unique. I recall one instance where a couple came to me wanting to establish a trust but had complex asset holdings, including multiple properties and business interests.
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It took some careful planning and coordination with their financial advisors to ensure all assets were properly titled and accounted for within the trust. Ultimately, we were able to create a comprehensive plan that met their needs and provided them with the peace of mind they were seeking.
Another case involved a client who was hesitant to relinquish control over their assets, even though they understood the benefits of a trust. I took the time to explain the process in detail and address their concerns. Ordinarily, once people understand the flexibility and safeguards a Revocable Living Trust offers, they feel much more comfortable moving forward.
According to a 2021 study by the American Bar Association, approximately 60% of adults do not have any estate planning documents in place. This highlights the crucial need for individuals to proactively address their future and protect their loved ones.
What advice would you give to our viewers regarding estate planning?
Estate planning is essential for everyone, regardless of age or wealth. It’s about ensuring your wishes are carried out and protecting your loved ones. I encourage viewers to reach out to an experienced trust attorney like myself to discuss their individual needs and goals.
Call to Action
Don’t wait until it’s too late. Secure your family’s future today by contacting The Law Firm of Steven F. Bliss Esq. for a complimentary consultation and let us guide you through the estate planning process.
Testimonials
“Steve Bliss made the entire process of setting up our trust so easy. He was patient, knowledgeable, and genuinely cared about our needs.” – John & Mary Smith
“I never thought I needed an attorney until I met Steve. He explained everything in plain English and helped me create a plan that gives me peace of mind knowing my family is protected.” – Susan Lee
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: “Can I write my own 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.
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |