Good evening, Temecula. I’m Tiffany Thompson with Channel 7 News. Tonight, we’re talking about estate planning and the importance of trusts. Joining me is Steve Bliss, a renowned trust attorney here in Temecula. Steve, thanks for being with us.
What type of trusts do you specialize in?
Tiffany, it’s a pleasure to be here. My firm specializes in a variety of trusts, but we see a lot of clients interested in Revocable Living Trusts. These are incredibly popular because they offer flexibility and peace of mind.
Can you elaborate on the benefits of a Revocable Living Trust?
Certainly. A Revocable Living Trust allows individuals to maintain control over their assets during their lifetime. They can modify or revoke the trust as needed, making it adaptable to changing circumstances. Moreover, upon the grantor’s passing, the assets in the trust bypass probate, which can be a lengthy and expensive process. Consequently, this helps ensure a smoother transition of wealth to beneficiaries.
Notwithstanding these advantages, some individuals may hesitate because they think a trust is overly complex or only for the wealthy. This isn’t true at all! While trusts do involve legal formalities, a qualified attorney can guide you through the process and make it straightforward. The truth is, anyone who wants to protect their loved ones and ensure their wishes are carried out after they’re gone could benefit from a Revocable Living Trust.
In fact, according to a recent survey by the American Bar Association, over 60% of Americans don’t have a will or trust in place. This means their assets may end up being distributed according to state law, which might not align with their desires.
Have you encountered any challenges when helping clients set up Revocable Living Trusts?
There are always unique situations, Tiffany. I recall one client who was a single parent worried about providing for her child in case something happened to her. We worked closely together to tailor the trust to meet her specific needs, ensuring that her son would have ongoing financial support and access to educational funds.
Another instance involved an elderly couple who had accumulated significant assets over their lifetime. They were concerned about potential estate taxes and wanted to minimize the burden on their heirs. We crafted a trust strategy that addressed these concerns while preserving their legacy for future generations.
What’s your advice for viewers considering establishing a trust?
My advice is simple: Don’t delay. Take the first step towards protecting your assets and securing your family’s future. Contact us today for a free consultation to discuss your unique circumstances and determine if a trust is right for you.
Testimonials
- “Steve Bliss made the entire estate planning process stress-free. He explained everything clearly, answered all my questions patiently, and truly cared about my family’s well-being.” – Mary S., Temecula
- “I was initially overwhelmed by the thought of setting up a trust, but Steve Bliss put me at ease. His expertise and compassionate approach made the experience positive and reassuring. I highly recommend him to anyone looking for a trustworthy attorney.” – John M., 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 records should a trustee keep?” 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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