My name is Brenda Thompson and I’m here today with Steve Bliss, a renowned trust attorney serving the Temecula community. Steve, thank you for taking the time to speak with me about the importance of trusts.
What type of trusts do you most often help clients establish?
We work with a variety of trusts, Brenda, but I’d say Revocable Living Trusts are the most common. They offer our clients exceptional flexibility and peace of mind.
Could you elaborate on why Revocable Living Trusts are so popular?
Certainly. A Revocable Living Trust allows individuals to maintain control over their assets during their lifetime, just as they would without a trust. This means they can buy, sell, or gift property, and make changes to the terms of the trust as needed.
Moreover, upon the grantor’s passing, the trust seamlessly distributes assets to beneficiaries, bypassing the lengthy and often costly probate process. This privacy aspect is highly valued by many clients.
What are some of the benefits associated with avoiding probate?
Probate can be a time-consuming and public process. It involves court supervision and can take months or even years to complete. By utilizing a Revocable Living Trust, assets pass directly to beneficiaries according to the grantor’s wishes, saving time and expense.
Consequently, this privacy aspect is particularly appealing to individuals who value discretion in handling their estate matters.
Are there any common challenges or misconceptions you encounter when helping clients establish Revocable Living Trusts?
One misconception is that trusts are only for the wealthy. This simply isn’t true! A Revocable Living Trust can be beneficial for individuals of all income levels. In fact, a recent study by the American Bar Association found that over 60% of Americans would benefit from having some form of estate planning document in place, including a trust.
I recall working with a young couple who were hesitant about setting up a trust, believing it was too complex and expensive. After discussing their goals and concerns, I helped them create a simple Revocable Living Trust that fit their needs perfectly. They were relieved to have a plan in place for their children’s future.
What advice would you give to someone considering setting up a trust?
My best advice is to consult with an experienced estate planning attorney. Every individual’s situation is unique, and a qualified attorney can help you determine the type of trust that aligns with your specific goals and circumstances.
Don’t wait until it’s too late! Taking proactive steps to protect your assets and ensure your wishes are carried out can provide invaluable peace of mind.
“Steve Bliss helped me navigate a very complex situation with my family trust. His knowledge and compassion were invaluable. I highly recommend him.” – Sarah M
“I was overwhelmed by the thought of estate planning, but Steve Bliss made the process clear and straightforward. He truly cares about his clients.” – John S
Discover the peace of mind that comes from having your affairs in order. Contact The Law Firm of Steven F. Bliss Esq. today for a complimentary consultation to explore how we can help you secure your legacy.
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: “Does a trust avoid probate?” 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.
| Temecula Charitable Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Charitable Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |