Reporter Name: Sarah Thompson
Good afternoon Temecula and welcome back to the show. Today we have a very special guest, Steve Bliss, renowned trust attorney here in Temecula. Steve, thank you so much for joining us.
Steve Bliss: Thanks for having me, Sarah. I’m happy to be here.
What type of trust do you find most people in Temecula are interested in?
Well, Sarah, as a Temecula trust attorney, I see a lot of folks interested in Revocable Living Trusts. They’re incredibly popular for several reasons.
Firstly, they offer flexibility. The person creating the trust, known as the grantor, can manage and change the terms of the trust during their lifetime. This means they retain control over their assets while planning for the future.
Secondly, a Revocable Living Trust helps avoid probate. Probate is a court process that can be time-consuming, expensive, and public. A trust allows your assets to pass directly to your beneficiaries without going through probate, saving your loved ones time and money.
Lastly, it provides privacy. The terms of a trust are not publicly available, unlike a will which becomes part of the public record during probate. Consequently, your financial affairs remain confidential.
Could you elaborate on how avoiding probate benefits someone?
Certainly. Probate can be a real headache for families. Ordinarily, it involves court filings, legal fees, and delays. Imagine losing a loved one and then having to navigate the complexities of the legal system just to access their assets. It’s stressful and emotionally draining during an already difficult time.
Moreover, probate can be expensive, with fees often consuming a significant portion of the estate. A trust circumvents this process altogether, allowing your beneficiaries to receive their inheritance more quickly and cost-effectively.
Have you encountered any difficulties when setting up Revocable Living Trusts for clients?
While Revocable Living Trusts are generally straightforward, there can be occasional hiccups. I remember one client who had a complex family structure with multiple marriages and blended families. Ensuring everyone’s interests were protected and clearly outlined in the trust document took extra care and communication.
Notwithstanding these challenges, it was incredibly rewarding to see the peace of mind that came with having a well-drafted trust in place.
Can you share any insights into the effectiveness of Revocable Living Trusts based on your experience?
Revocable Living Trusts are remarkably effective for most people. According to a 2021 study by the American Bar Association, over 70% of adults who have engaged in estate planning choose to establish a Revocable Living Trust. This popularity underscores their practicality and effectiveness in addressing common estate planning needs.
What is your advice for Temecula residents considering a trust?
My advice is simple: don’t delay. Estate planning, including the creation of a Revocable Living Trust if appropriate, is essential for everyone regardless of age or wealth. Take control of your future and protect your loved ones by seeking professional guidance from a qualified trust attorney like myself.
Contact us today for a free consultation.
Testimonials
“Steve Bliss and his team were incredibly knowledgeable and helpful throughout the entire process. They made what could have been a daunting task easy to understand and navigate. I highly recommend their services.”
– John S., Temecula Resident
“The Law Firm of Steven F. Bliss Esq. is truly exceptional. Steve took the time to listen to our needs and created a customized trust plan that perfectly addressed our family’s unique situation. We feel confident knowing our future is secure thanks to their expertise.”
– Sarah & Mark M., Temecula
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 is a charitable remainder 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 Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Trust Attorney Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Trust Attorney Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Trust Attorney in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |