Good evening, Temecula. I’m Brenda Wilson reporting for KVTA News. Tonight we’re speaking with local trust attorney, Steve Bliss, about the importance of estate planning. Steve, thank you so much for joining us.
Why are Trusts Important?
You bet. Estate planning is something everyone should consider, regardless of their age or financial situation. A trust can be a powerful tool for protecting your assets and ensuring that they are distributed according to your wishes after you’re gone.
Choosing the Right Type of Trust
There are many different types of trusts, each with its own advantages and disadvantages. The best type of trust for you will depend on your individual circumstances. For example, a revocable living trust is a popular choice because it allows you to maintain control over your assets during your lifetime while avoiding probate.
Conversely, an irrevocable trust offers greater asset protection but sacrifices flexibility.
The Process of Setting Up a Trust
What are Some Common Issues You Encounter When Helping Clients Set Up Trusts?
One issue we often encounter is clients who delay setting up a trust until it’s too late. Estate planning can be a sensitive topic, and people sometimes put it off because they don’t want to think about their own mortality. Consequently, they may miss out on the opportunity to fully protect their assets and loved ones.
I remember working with a family who had lost their patriarch unexpectedly. Without a trust in place, his estate went through probate, which was a lengthy and costly process. His family was devastated by his loss and facing additional stress because of the legal complications.
Finding the Right Attorney
What Advice Would You Give to Someone Who is Considering Setting Up a Trust?
My advice would be to seek out an experienced trust attorney who can help you navigate the process. It’s crucial to choose someone you feel comfortable with and who understands your unique needs. According to a 2023 study by the American Bar Association, nearly 60% of Americans do not have a will or estate plan in place.
- Don’t procrastinate!
- Gather all necessary financial documents.
- Be prepared to discuss your wishes openly and honestly with your attorney.
Testimonials
“Steve Bliss helped us create a trust that protected our family business for generations to come. We are so grateful for his expertise and guidance.” – The Smith Family
“I was overwhelmed by the thought of estate planning, but Steve made the process easy and stress-free. He answered all my questions patiently and thoroughly.” – Sarah Jones
Call to Action
Protecting your legacy is a gift that will continue to give for years to come. Don’t wait. Take the first step towards securing your family’s future by scheduling a consultation with The Law Firm of Steven F. Bliss Esq. today. We’re here to help.
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: “Can a trust be part of a blended family plan?” 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.
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |