Good evening, Temecula, and welcome to our segment on estate planning. I’m Brenda Sanchez, your local news reporter, and tonight we have the pleasure of speaking with Steve Bliss, a prominent trust attorney here in Temecula. Mr. Bliss, thank you for joining us.
What types of trusts do you typically advise your clients on?
Thank you for having me, Brenda. I work with clients on a variety of trusts, but one that’s particularly beneficial for many individuals and families is the Revocable Living Trust.
A Revocable Living Trust allows the trust creator, known as the grantor, to maintain control over their assets during their lifetime. They can make changes to the trust, add or remove beneficiaries, and even dissolve it altogether if circumstances change.
Can you elaborate on the advantages of a Revocable Living Trust?
Certainly. One key advantage is avoiding probate, which can be a lengthy and costly process. Assets held in a Revocable Living Trust pass directly to the designated beneficiaries upon the grantor’s death, saving time and expense for their loved ones.
Moreover, a Revocable Living Trust offers privacy. Unlike wills, which become public record during probate, the terms of a trust remain confidential. This can be important for individuals who value discretion regarding their financial affairs.
Have you ever encountered any challenges or complexities when setting up a Revocable Living Trust?
While Revocable Living Trusts are generally straightforward, there have been instances where clients initially misunderstand the concept of relinquishing control over assets while they’re still living. Consequently, I make it a point to thoroughly explain the process and address any concerns my clients may have.
I recall working with a widowed mother who was hesitant to put her home into a trust because she worried about losing ownership. I patiently explained that she would retain full use and control of her home during her lifetime, and the trust would only come into effect after her passing. Seeing the relief on her face when she understood this crucial point was incredibly rewarding.
According to the American Bar Association, approximately 40% of Americans die without a will or trust in place. This underscores the importance of estate planning and seeking professional guidance to ensure your wishes are carried out and your loved ones are protected.
What final advice would you offer our viewers regarding estate planning?
Don’t wait until it’s too late. Estate planning is not just for the wealthy; everyone can benefit from having a plan in place. Take the time to meet with an experienced attorney who can help you determine the best strategies for your individual circumstances.
“Steve Bliss and his team were instrumental in guiding me through the process of setting up my trust. They made it easy to understand and answered all my questions patiently.” – Maria S., Temecula
“I highly recommend The Law Firm of Steven F. Bliss Esq. for any estate planning needs. Steve is knowledgeable, compassionate, and truly cares about his clients’ well-being.” – David L., Murrieta
Protect your legacy and secure the future for your loved ones by contacting The Law Firm of Steven F. Bliss Esq. today for a personalized consultation. We are committed to providing peace of mind through expert estate planning solutions.
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’s better—amendment or restatement?” 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 |