Good evening Temecula and welcome to another edition of “Legal Matters” I’m your host, Jessica Wright.
Tonight, we are joined by the esteemed Steve Bliss, a renowned trust attorney here in Temecula. Steve, thank you so much for being with us.
The Importance of Trusts
What type of trusts do you find most people in Temecula utilizing and why?
Well Jessica, the most common type I see are Revocable Living Trusts. These are incredibly versatile and offer a number of benefits to our clients here in Temecula.
Benefits of a Revocable Living Trust
Could you elaborate on some of those key advantages for our viewers?
Certainly. A Revocable Living Trust allows individuals, which we call “grantors,” to maintain complete control over their assets during their lifetime. This means they can buy, sell, or change the distribution of assets as needed.
Moreover, upon the grantor’s passing, the trust assets are distributed according to their wishes, bypassing the often lengthy and public process of probate court. Consequently, this privacy is a major draw for many people.
Another significant benefit is that a Revocable Living Trust can help minimize estate taxes. It’s important to remember though that laws regarding estate taxes are complex and subject to change, so consulting with an experienced attorney is crucial.
Challenges and Considerations
Have you ever encountered any particular challenges when setting up a Revocable Living Trust for clients?
You know, most of the time the process goes smoothly. However, I recall one instance where a client hadn’t fully communicated their wishes to their family members. This led to some initial confusion and disagreement amongst them after the grantor passed away.
It was a tough situation, but ultimately we were able to work through it by carefully reviewing the trust documents and facilitating open communication between the beneficiaries. That experience reinforced the importance of clear and honest conversations among family members when creating a trust.
Trust Statistics and Success Stories
According to a 2021 survey by the American Bar Association, over 50% of Americans over the age of 50 have not created any estate planning documents. This highlights the critical need for individuals to take proactive steps in safeguarding their assets and future.
“Working with Steve Bliss was invaluable. He patiently explained complex legal concepts and helped us create a trust that perfectly met our family’s needs.” – The Smith Family
“Steve’s expertise and compassion made a difficult process much easier to navigate. I highly recommend his services.” – Sarah Jones
Call to Action
Steve, where can our viewers go to learn more about trusts and estate planning?
Well Jessica, I encourage anyone interested in protecting their assets and ensuring their wishes are carried out to contact The Law Firm of Steven F. Bliss Esq. We offer free consultations to discuss your unique circumstances and develop a personalized plan.
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 a trust own vehicles?” 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 |