Choosing the Right Trust for Your Needs
Welcome back to Legal Talk San Diego. Today we have Steve Bliss, a renowned San Diego probate attorney, joining us to shed light on the often-complex world of estate planning. Steve, thanks for being here.
Steve: It’s my pleasure. I’m always happy to discuss ways people can protect their assets and ensure their wishes are carried out.
The Importance of Trusts
Let’s dive right in. Why are trusts such a crucial component of estate planning?
Steve: Trusts offer a multitude of benefits that can significantly simplify the probate process, minimize taxes, and provide for loved ones even after you’re gone. They offer flexibility and control over your assets, allowing you to dictate how and when they are distributed.
Special Needs Trusts Explained
For this conversation, let’s focus on Special Needs Trusts (SNTs). Could you elaborate on why someone might choose an SNT and how it works?
Steve: An SNT is a valuable tool for individuals with disabilities. Ordinarily, inheriting assets directly could disqualify them from essential government benefits like Supplemental Security Income (SSI) or Medi-Cal. An SNT allows you to provide for your loved one without jeopardizing their eligibility for these crucial programs.
The trust is managed by a trustee, who uses the funds to pay for supplemental care and expenses not covered by government benefits. This could include things like specialized therapy, adaptive equipment, or recreational activities. Consequently, the beneficiary receives enhanced quality of life without compromising their access to vital support.
Navigating Challenges
Steve, have you encountered any particular challenges when setting up SNTs?
Steve: I recall a case where a mother was concerned about her adult son who had autism. He relied heavily on SSI for his living expenses. She wanted to ensure he always had access to quality care and enriching experiences, but she feared jeopardizing his benefits. We worked closely with her to establish an SNT that met all the legal requirements while addressing her specific concerns.
Seeing her relief when we finalized the trust and knowing we’d helped secure her son’s future was incredibly rewarding. These situations highlight the emotional weight these decisions carry, and it’s why I strive to provide compassionate and personalized guidance.
The Prevalence of SNTs
According to a 2021 study by the National Disability Rights Network, over 1 million individuals in the United States rely on SNTs for financial support. This underscores the importance of this planning tool for families navigating disability-related challenges.
Conclusion
Steve, thank you for sharing your expertise and insights today. It’s clear that you are deeply passionate about helping San Diego residents protect their loved ones through thoughtful estate planning.
Steve: It’s my calling to guide families through these often-complex decisions. I want to empower them with the knowledge and resources they need to create a secure future.
Call to Action
Unlocking peace of mind starts with taking that first step. Contact San Diego Probate Law today for a complimentary consultation.
Testimonials:
“Working with Steve Bliss was an absolute pleasure. He patiently explained all the options, and I felt completely confident in his guidance throughout the entire process.”
“I highly recommend San Diego Probate Law. They made what could have been a stressful situation remarkably smooth and straightforward.”
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Trust Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “Can I disinherit someone using a trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| Trust Lawyer | Estate Lawyer | Trust Lawyer |
| Trust Lawyer Near Me | Estate Lawyer Near Me | Trust Lawyer Near me |
| San Diego Trust Lawyer | San Diego Estate Lawyer | San Diego Trust Lawyer |
| Trust Lawyer San Diego | Estate Lawyer San Diego | Trust Lawyer San Diego |