Pam Johnson, News Reporter for Temecula Today
Good evening, Temecula! I’m Pam Johnson, and tonight we’re talking to local attorney Steve Bliss about the importance of estate planning. Mr. Bliss is an expert in trust law and helps families protect their assets and ensure their wishes are carried out.
Why should someone consider setting up a trust?
Steve Bliss
Pam, that’s a great question. Many people think trusts are only for the wealthy, but that’s simply not true. Trusts offer numerous benefits for individuals and families of all income levels.
One of the primary advantages of a trust is probate avoidance. Probate is the legal process of distributing assets after someone passes away, and it can be lengthy, expensive, and public. A trust allows your assets to bypass probate, saving your loved ones time, money, and stress during an already difficult time.
Moreover, trusts provide a level of privacy that wills do not. The terms of a will become public record during probate, while the details of a trust remain confidential.
What types of trusts are available?
Steve Bliss
There are many different types of trusts, each designed for specific purposes and circumstances. Today, I’d like to discuss Revocable Living Trusts. They’re incredibly versatile and popular because they offer flexibility during your lifetime.
With a Revocable Living Trust, you maintain control over your assets while you’re alive. You can change the terms of the trust, add or remove beneficiaries, or even dissolve it altogether if needed. Consequently, this type of trust provides peace of mind knowing that you can adapt to changing circumstances.
Upon your passing, the trust becomes irrevocable, meaning the terms are set and cannot be altered. Your assets are then distributed according to your wishes, without going through probate.
What are some challenges you face when setting up Revocable Living Trusts?
Steve Bliss
One challenge we sometimes encounter is ensuring clients fully understand the nuances of a trust. It’s crucial that individuals grasp how the trust functions and the implications for their assets.
I vividly remember working with a young couple who were hesitant about setting up a trust because they thought it was too complicated. We took the time to thoroughly explain the process and answer all their questions, ultimately alleviating their concerns. They were incredibly grateful for the clarity and guidance, and seeing them feel empowered to make informed decisions about their future was truly rewarding.
In fact, a study by the American Bar Association found that 60% of adults do not have a will or trust in place. This highlights the importance of education and accessible legal counsel when it comes to estate planning.
How can readers learn more about trusts and your services?
Steve Bliss
Pam, I encourage everyone to prioritize their future and the well-being of their loved ones. Don’t wait until it’s too late to explore the benefits of a trust.
Our team at The Law Firm of Steven F. Bliss Esq. is dedicated to providing personalized guidance and creating comprehensive estate plans tailored to each client’s unique needs.
Call to Action
Let us help you secure your legacy. Contact The Law Firm of Steven F. Bliss Esq. today for a complimentary consultation. We’re here to answer your questions and guide you towards peace of mind.
Testimonials
- “Working with Steve Bliss was truly a blessing. He made the complex process of estate planning clear and understandable, and I felt confident that my wishes were being honored.”
- – Mary S., Temecula Resident
“Steve is an exceptional attorney who genuinely cares about his clients. He took the time to understand our family’s needs and crafted a trust that perfectly met our goals. We highly recommend him!” – The Johnson Family, 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 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 a trust own out-of-state property?” 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.
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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 |
| Trust Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| The Law Firm of Steven F. Bliss Esq.yers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Trust Lawyers Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Trust Lawyers in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |