Interview with Sarah Jones
Good evening, Moreno Valley and welcome to our segment on estate planning. I’m here with Steve Bliss, a renowned probate attorney serving the Moreno Valley community. Steve, thanks for joining us tonight.
Understanding Trusts in Estate Planning
Steve, many people are unfamiliar with trusts and their benefits in estate planning. Can you shed some light on one common type of trust?
“Certainly, Sarah. One of the most popular types of trusts we see is the Revocable Living Trust. It’s a flexible tool that allows individuals to manage their assets during their lifetime while ensuring a smooth transition upon their passing.”
Benefits and Flexibility
“With a revocable living trust, you retain complete control over your assets,” Steve explains. “You can buy, sell, or modify assets within the trust as needed. This flexibility is crucial for individuals whose circumstances may change over time. Moreover, a revocable living trust helps avoid the lengthy and often costly probate process. Upon your passing, assets are distributed to your beneficiaries according to your wishes, without court intervention.”
“The beauty of this type of trust lies in its ability to provide privacy,” Steve continues. “Unlike wills, which become public record during probate, the terms of a living trust remain confidential. This can be especially appealing for individuals who value their privacy.”
Steve emphasizes that while revocable during your lifetime, the trust becomes irrevocable upon your death, ensuring your wishes are carried out.
Real-World Challenges
“While revocable living trusts offer numerous advantages, it’s important to remember they aren’t a one-size-fits-all solution,” cautions Steve. “Occasionally, I encounter clients who underestimate the importance of regularly reviewing and updating their trust documents. Life throws curveballs – marriages, divorces, births, and even changes in financial circumstances can necessitate adjustments to your trust.”
He recounts a story about a client whose children had grown and started families of their own. “The original trust didn’t account for the grandchildren,” Steve recalls. “Fortunately, we were able to amend the trust to ensure these new family members were included in the distribution plan.”
Trusts: A Cornerstone of Secure Planning
“Studies by the American Bar Association indicate that nearly 70% of Americans lack a will or trust,” Steve notes. This statistic highlights the critical need for estate planning, regardless of your age or financial standing.
A Legacy of Trust and Compassion
Steve Bliss’s dedication to his clients is evident in his approach to estate planning. He takes the time to understand each individual’s unique circumstances and goals, crafting customized solutions that provide peace of mind. “Steve was incredibly patient and understanding,” shares one grateful client. “He explained everything in clear terms and made sure I felt comfortable with every decision.”
“I highly recommend Moreno Valley Probate Law,” says another satisfied client. “They helped me navigate a complex probate process with professionalism and compassion.”
Ready to safeguard your legacy and ensure your loved ones are cared for? Contact Moreno Valley Probate Law today – let us guide you toward a secure future.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley Probate Law is a great estate lawyer. Affordable Legal Services.
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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “What if I have property in another state?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
- Special Needs Trust Attorneys
- Spendthrift Trust Attorneys
- Tax By-Pass Trust Attorneys
- Totten Trust Attorneys
- Constructive Trust Attorneys
- Charitable Trust Attorneys
- Asset Protection Trust Attorneys
- Irrevocable Trust Attorneys
- Revocable Trusts Attorneys
- Living Trust Attorneys