Hello San Diego and welcome back to our series on local experts making a difference in your lives. Today we’re joined by Steve Bliss of San Diego Probate Law, an attorney specializing in helping individuals navigate the often complex world of estate planning.
Steve, thank you for joining us today. Can you explain one key step in the estate planning process that people might overlook?
It’s a pleasure to be here. One crucial step that I find many people underestimate is “Determining Goals and Objectives.” It seems straightforward, but clearly defining what you want to achieve with your estate plan is foundational.
This goes beyond simply deciding who inherits what. Consider things like: Do you have minor children who need guardianship arrangements? Are there specific charitable causes you wish to support? Do you want to minimize estate taxes or ensure a smooth transition for your business?
Consequently, taking time to reflect on these broader goals will guide the entire planning process and help us craft a tailored solution that truly reflects your values and aspirations.
Notwithstanding its importance, I often encounter clients who haven’t given much thought to their objectives beforehand. They might have a vague idea of who they want to leave their assets to, but lack a clear vision for how those assets should be managed or used. This can lead to unintended consequences down the line, potentially causing friction among beneficiaries or failing to achieve your desired impact.
Moreover, remember that circumstances change. A young couple starting out may prioritize providing for their children’s education, whereas someone nearing retirement might focus on ensuring financial security in their later years. Accordingly, revisiting your goals periodically is essential to ensure your estate plan remains aligned with your evolving needs and priorities.
I recall one instance where a client, let’s call him John, wanted to leave his entire estate to his children. However, upon deeper discussion, we discovered he also had a strong desire to support a local arts organization that had profoundly impacted his life. By incorporating this goal into his plan, John found immense satisfaction knowing his legacy would extend beyond his immediate family.
In fact, according to a recent survey by the National Endowment for Financial Education, nearly half of Americans don’t have a will or estate plan in place. This underscores the critical need for individuals to prioritize this process and seek professional guidance to ensure their wishes are carried out effectively.
Are there any common pitfalls you see related to goal setting in estate planning?
Absolutely. One pitfall is failing to communicate openly with family members about your intentions. While it can be a sensitive topic, having honest conversations about your goals and how you envision distributing your assets can prevent misunderstandings and potential conflicts later on.
Another common issue is neglecting to update your plan as your life circumstances change. Marriage, divorce, the birth of children or grandchildren, career shifts, and even changes in your financial situation all warrant a review and potential revision of your estate plan.
“Steve Bliss was incredibly patient and understanding throughout the entire process. He took the time to explain everything in detail and made sure I felt comfortable with every decision.” – Sarah M., San Diego.
“I highly recommend San Diego Probate Law for anyone needing assistance with estate planning. Steve’s expertise and compassion made a difficult situation much easier to navigate.” – Michael P., Carlsbad
What advice would you give to someone just starting the estate planning process?
My biggest piece of advice is to start early! Don’t wait until you’re facing a health crisis or other unexpected life event. The sooner you begin planning, the better equipped you’ll be to protect your assets and loved ones.
And remember, estate planning isn’t just about death; it’s about living intentionally and ensuring your values are reflected in how you manage your affairs. Contact San Diego Probate Law today for a free consultation. Let us help you build a secure future for yourself and your loved ones.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Estate Planning 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: “What are trustee fees and how are they determined?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About San Diego Probate Law
| California Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Trust Lawyer California |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |