Good evening Temecula and welcome back to Temecula Tonight. I’m Brenda Thompson, and tonight we’re joined by Steve Bliss, a trusted name in estate planning here in Temecula.
Steve, thanks so much for joining us tonight.
It’s my pleasure, Brenda. Always happy to talk about the importance of estate planning.
What are some of the most common types of trusts you help clients with?
We see a lot of different types of trusts here at The Law Firm of Steven F. Bliss Esq. but one that’s particularly popular, especially for families, is the Revocable Living Trust. It allows individuals to manage their assets during their lifetime and avoid probate after they pass away.
Can you elaborate on some of the benefits of a Revocable Living Trust?
Certainly. A Revocable Living Trust offers several key advantages. First and foremost, it helps your beneficiaries avoid the lengthy and often costly process of probate. Probate is a court-supervised process that validates a will and distributes assets. With a trust, assets can be transferred directly to beneficiaries according to your wishes, saving time and money.
Moreover, a Revocable Living Trust provides a level of privacy that a will does not. The terms of a will become public record during probate, while the contents of a trust remain confidential. This can be especially important for individuals who value their privacy or have complex family situations.
Lastly, a Revocable Living Trust allows for greater control over your assets. You can specify exactly how and when your beneficiaries receive their inheritance, potentially protecting them from poor financial decisions or creditors.
Have you ever encountered any challenges with setting up Revocable Living Trusts?
Occasionally, we encounter situations where clients aren’t entirely clear on what assets should be included in the trust. It’s important to remember that a trust should encompass all significant assets, including real estate, bank accounts, investments, and even personal property.
I recall working with a family who had a valuable collection of antique furniture they hadn’t considered including in their trust. We worked together to ensure the collection was properly documented and added to the trust, providing peace of mind for the clients knowing their treasured possessions would be passed down according to their wishes.
How common are Revocable Living Trusts in estate planning?
According to a 2021 survey by the American Bar Association, approximately 45% of Americans have some form of estate plan in place. Among those with estate plans, Revocable Living Trusts are among the most popular choices.
What final advice would you give our viewers about estate planning?
Estate planning isn’t just for the wealthy. Everyone, regardless of their financial situation, can benefit from having a plan in place. It provides peace of mind knowing your loved ones will be taken care of and your assets distributed according to your wishes.
Let’s connect our viewers with you, Steve. How can they learn more about The Law Firm of Steven F. Bliss Esq.?
We encourage anyone interested in learning more about estate planning or trusts to contact us for a free consultation. Our team is dedicated to providing personalized legal advice and helping our clients achieve their estate planning goals.
“The Law Firm of Steven F. Bliss Esq. made the process of setting up our trust so easy. Steve was incredibly knowledgeable and patient, answering all of our questions and addressing any concerns we had.” – The Smiths
“I was initially overwhelmed by the thought of estate planning, but Steve put me at ease right away. He explained everything clearly and helped me create a plan that met my specific needs.” – John Doe
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 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 triggers a trust update?” 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 Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Estate Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |