Good evening, Temecula. I’m Brenda Newsome, your local news reporter for Channel 7. Tonight, we’re talking about trusts – those legal arrangements that can help protect your assets and ensure your wishes are carried out after you’re gone. Joining us is Steve Bliss, a renowned trust attorney right here in Temecula. Welcome to the show, Steve.
What types of Trusts Do You Specialize In?
Steve: “Brenda, thanks for having me. At The Law Firm of Steven F. Bliss Esq., we specialize in helping individuals and families create a variety of trusts tailored to their specific needs. One of the most common types we handle is the Revocable Living Trust.”
Why are Revocable Living Trusts So Popular?
Steve: “Revocable living trusts offer several key advantages. Firstly, they allow you, as the grantor, to maintain control over your assets during your lifetime. You can buy, sell, or even change the beneficiaries of your trust whenever you wish. Consequently, a revocable living trust provides flexibility and peace of mind knowing your assets are managed according to your wishes.
Moreover, a revocable living trust avoids probate, a lengthy and often costly court process required for distributing assets after death. This means your heirs can receive their inheritance more quickly and privately.”
What Happens to the Trust After Someone Passes Away?
Steve: “Upon the grantor’s passing, the revocable living trust becomes irrevocable. This means it cannot be changed or modified further. The designated successor trustee then takes over the responsibility of distributing assets according to the terms outlined in the trust document. Ordinarily, this process is smoother and less expensive than probate.
I remember one client who expressed concern about their adult children managing a large inheritance. By establishing a revocable living trust with specific instructions and provisions for gradual distribution, we were able to alleviate their worries and ensure responsible stewardship of the family assets.”
Have You Ever Faced Any Challenges Setting Up These Trusts?
“Steve: “While most trust creations proceed smoothly, there have been instances where clients weren’t entirely clear about their wishes or had complex family dynamics. For example, I worked with a couple who wanted to ensure their assets were divided fairly among their children, but one child was estranged from the family.
Navigating those delicate situations requires careful listening, empathy, and open communication. Ultimately, we found a solution that honored the parents’ intentions while addressing the unique circumstances of their family.”
What Advice Would You Give Someone Considering a Trust?
Steve: “My advice is simple: don’t wait! Estate planning is essential for everyone, regardless of age or wealth. Studies show that nearly 60% of Americans don’t have a will or trust in place (Source: AARP). That means their assets could be subject to lengthy probate proceedings and may not be distributed according to their wishes.
At The Law Firm of Steven F. Bliss Esq., we make the process straightforward and understandable. We take the time to listen to your goals, explain your options clearly, and draft a trust document that reflects your unique needs and circumstances.”
Testimonial
“Steve Bliss made estate planning simple for us. He explained everything in plain English and answered all our questions patiently. We feel confident knowing our assets are protected and our loved ones will be taken care of.” – The Johnson Family
“I was hesitant to create a trust, but Steve put my mind at ease. His expertise and compassion made the entire process smooth and stress-free. I highly recommend him to anyone looking for trustworthy legal guidance.” – Mary Smith
Ready to Secure Your Legacy?
Contact us today for a free consultation and discover how a trust can provide peace of mind for you and your loved ones.
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: “What assets should I put into a living 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.
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