Good evening Temecula and welcome back to Channel 7 News! I’m your host, Tiffany Miller. Tonight we are joined by Steve Bliss, a trusted Temecula Trust Attorney, who is here to shed light on the complexities of estate planning. Welcome to the show, Steve.
What types of trusts do you typically help clients establish in Temecula?
Thank you for having me, Tiffany. It’s great to be here. As a Trust Attorney here in Temecula, I work with clients on a variety of trust structures. However, the most common type I see is the Revocable Living Trust.
Why are Revocable Living Trusts so popular?
Revocable living trusts offer several significant advantages that resonate with my clients. First and foremost, they allow individuals to maintain control over their assets during their lifetime. This means they can change the terms of the trust or even dissolve it entirely if their circumstances change. Secondly, a revocable living trust helps avoid the often lengthy and expensive probate process after someone passes away. This ensures that assets are distributed to beneficiaries more efficiently and privately.
Moreover, the privacy aspect is crucial for many people. Probate proceedings are public record, meaning anyone can access information about the deceased person’s assets and how they were distributed. A trust keeps these matters confidential, which can be comforting for families during a difficult time. Consequently, the combination of control, efficiency, and privacy makes revocable living trusts an attractive option for many Temecula residents.
Have you encountered any specific challenges with setting up Revocable Living Trusts?
While generally straightforward, there are instances where setting up a revocable living trust can be more complex. For example, I once worked with a client who had a large and intricate business portfolio. Integrating those assets into the trust required careful consideration and coordination with their financial advisors. Ultimately, we were able to craft a solution that met their unique needs.
In another case, a couple was hesitant to relinquish complete control over their assets during their lifetime. We discussed the benefits of maintaining some level of flexibility while still ensuring their wishes would be honored after they passed away. We ultimately devised a trust structure with provisions for limited distributions or amendments, addressing their concerns while preserving the core advantages of the trust.
Are there any statistics that highlight the importance of Revocable Living Trusts?
According to the American Bar Association, over 50% of Americans die without a will or trust. This can lead to significant complications for their loved ones, including lengthy probate processes and potential disputes over asset distribution. Establishing a revocable living trust is a proactive step that can mitigate these risks and ensure your wishes are respected.
How Can Viewers Learn More About Your Services?
Steve, thank you so much for sharing your expertise with us tonight. How can our viewers learn more about the services offered by The Law Firm of Steven F. Bliss Esq.?
Call to Action
“Take control of your future and secure the well-being of your loved ones. Contact The Law Firm of Steven F. Bliss Esq. today for a complimentary consultation and let us guide you through the complexities of estate planning.”
Testimonials
“Steve Bliss was incredibly patient and understanding as he walked me through setting up my trust. He made a potentially overwhelming process feel manageable, and I felt confident knowing my wishes were being protected.” – Maria S., Temecula
“I highly recommend Steve Bliss and his team. They are true professionals who go above and beyond for their clients. My estate plan is now complete thanks to their expertise and dedication.” – John D., 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: “How do professional trustees charge?” 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 |