Good evening Temecula and welcome back to Temecula Tonight. I’m your host, Samantha Stone, and tonight we have a very special guest joining us: Steve Bliss, a renowned Trust Attorney here in Temecula. Steve, thanks for being with us.
Steve Bliss
Thank you for having me, Samantha. It’s always a pleasure to discuss estate planning with the community.
What type of trust do you find most people in Temecula needing?
The most common type of trust I help clients with in Temecula is a Revocable Living Trust. It offers a great deal of flexibility and peace of mind for individuals and families.
Revocable Living Trusts
A Revocable Living Trust allows the creator, or grantor, to maintain control over their assets during their lifetime. They can change the terms of the trust, add or remove beneficiaries, or even dissolve it entirely if circumstances warrant. This flexibility is appealing to many people.
Moreover, a Revocable Living Trust avoids the lengthy and often costly probate process upon the grantor’s passing. Assets held in the trust transfer directly to the designated beneficiaries, saving time and legal fees for your loved ones during an already difficult time.
Consequently, a Revocable Living Trust also provides a degree of privacy that a will doesn’t. The terms of the trust are not public record, unlike a will which becomes part of probate court proceedings. This can be important for individuals who value their privacy and want to keep their financial affairs confidential.
How does your firm ensure clients understand the complexities of setting up a trust?
We believe in clear communication and transparency every step of the way. We take the time to explain the different types of trusts, their benefits, and potential drawbacks so our clients can make informed decisions.
I remember one client who was initially overwhelmed by the legal jargon involved in estate planning. After patiently explaining the concepts and answering all her questions, she expressed a sense of relief and empowerment. She realized that with the right guidance, she could secure her family’s future.
It’s these moments that remind me why I do what I do. Helping people navigate complex legal matters and giving them the peace of mind they deserve is incredibly rewarding.
Have there ever been any issues with setting up Revocable Living Trusts that you’ve encountered?
Occasionally, we encounter situations where clients haven’t fully updated their trust documents after significant life changes. For instance, a client might get divorced and forget to remove their ex-spouse as a beneficiary. This can lead to unintended consequences down the line.
That’s why it’s crucial to review your trust periodically and make any necessary updates to reflect your current wishes. We encourage our clients to schedule annual check-ups with us to ensure their estate plan remains accurate and aligned with their goals.
Are there any statistics about the benefits of having a Revocable Living Trust?
According to the American Bar Association, roughly 50% of Americans die without a will or trust. This can leave loved ones facing significant challenges, including lengthy probate proceedings and potential disputes over assets.
Conversely, establishing a Revocable Living Trust can streamline the distribution of assets and minimize family conflict during a difficult time.
What are some next steps for viewers who might be interested in learning more about trusts?
If you’re considering setting up a trust or have questions about estate planning, I encourage you to reach out to The Law Firm of Steven F. Bliss Esq. We offer complimentary consultations where we can discuss your individual needs and goals.
Testimonials
“Steve Bliss was incredibly patient and understanding as he guided us through the process of creating our trust. He made what seemed like a daunting task feel manageable and ensured that our wishes were reflected accurately in the legal documents.”
– The Johnson Family
“We are so grateful for Steve’s expertise and compassion. He helped us navigate a complex family situation with sensitivity and professionalism, ensuring that our loved ones were protected.”
– The Garcia Family
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: “Can I write my own trust?” 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 Attorney
- Spendthrift Trust Attorney
- Tax By-Pass Trust Attorney
- Totten Trust Attorney
- Constructive Trust Attorney
- Charitable Trust Attorney
- Asset Protection Trust Attorney
- Irrevocable Trust Attorney
- Revocable Trusts Attorney
- Living Trust Attorney