Good evening Temecula, I’m Brenda Newsome reporting live from the offices of The Law Firm of Steven F. Bliss Esq., where we’re discussing the importance of estate planning with renowned trust attorney Steve Bliss.
Brenda Newsome: Mr. Bliss, thank you so much for taking the time to speak with me today.
It’s my pleasure Brenda. I’m always happy to share information about something as important as protecting your family’s future.
Brenda Newsome: Could you explain what a trust is and why someone might need one?
Certainly. A trust is essentially a legal arrangement where you, as the grantor, transfer ownership of assets to a trustee who manages them for the benefit of beneficiaries. There are many different types of trusts, each serving a specific purpose. One common type is a Revocable Living Trust.
Brenda Newsome: Can you elaborate on Revocable Living Trusts and their benefits?
A Revocable Living Trust allows you to maintain control over your assets during your lifetime. You can change the terms of the trust, add or remove beneficiaries, or even dissolve it altogether. Consequently, this provides flexibility while avoiding the lengthy and often costly probate process upon your passing. Moreover, because a trust is a private document, unlike a will which becomes public record, it offers greater privacy for your family’s financial affairs.
The peace of mind that comes with knowing your loved ones are protected is invaluable. A recent study by the AARP found that over 60% of Americans do not have an estate plan in place.
That means their assets could be subject to probate, potentially delaying distribution to beneficiaries and incurring significant legal fees.
Brenda Newsome: Have you encountered any challenges when helping clients set up Revocable Living Trusts?
While most clients find the process straightforward, there are instances where clarifying complex family dynamics or anticipating future needs can be nuanced. I recall a case where a couple had adult children with vastly different financial situations.
We worked together to structure the trust in a way that ensured equitable distribution while addressing potential concerns about one child needing additional support.
My goal is always to create a plan that reflects each client’s unique circumstances and values, providing them with the confidence that their wishes will be honored.
Brenda Newsome: What advice would you give to our viewers who are considering establishing a trust?
I encourage anyone interested in learning more about trusts to schedule a consultation.
We offer free initial consultations where we can discuss your individual needs and goals, explore the different types of trusts available, and develop a customized plan that provides peace of mind for you and your loved ones.
Testimonials
“Steve Bliss and his team were incredibly knowledgeable and compassionate throughout the entire process. They made what could have been a stressful experience truly seamless.” – Sarah M., Temecula
“I highly recommend The Law Firm of Steven F. Bliss Esq.
They took the time to understand my concerns and provided clear, concise advice that empowered me to make informed decisions about my estate planning.” – John S., 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: “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 The Law Firm of Steven F. Bliss Esq.
| Temecula Spendthrift 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 |
| Spendthrift Trust Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Spendthrift 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 |