Reporter: Brenda Newsome
Brenda Newsome sat down with local estate planning attorney Steve Bliss to discuss the crucial topic of estate planning and why it’s essential for everyone, regardless of age or financial status.
Steve Bliss on Crafting a Will or Trust
Brenda: “Steve, you work with clients on all aspects of estate planning. Can you elaborate on one of the key steps involved in this process? “
Steve: “Certainly, Brenda. One of the most fundamental steps is crafting a will or trust. This legal document serves as the cornerstone of your estate plan, outlining exactly how you wish for your assets to be distributed after your passing. It also addresses guardianship arrangements for minor children if necessary. Think of it as a roadmap for your loved ones, ensuring your wishes are honored and minimizing potential conflict or confusion during a difficult time.”
Brenda: “Why is choosing between a will and a trust so important?”
Steve: “That’s a great question. A will dictates the distribution of assets after death and goes through probate court, which can be a lengthy and public process. Conversely, a trust allows for greater control and privacy. Assets held in a trust are managed by a trustee you designate, bypassing probate altogether. Consequently, this can save time and money for your beneficiaries.”
A common misconception is that trusts are only for the wealthy. However, they can be incredibly beneficial for anyone wanting to protect their assets, provide for loved ones with special needs, or minimize estate taxes. Ordinarily, I work closely with clients to determine whether a will or trust best aligns with their individual circumstances and goals.
I recall one instance where a young couple, expecting their first child, came in wanting to ensure their assets were protected for their future family. They had modest savings but wanted to create a stable foundation. We decided on a revocable living trust, which provided flexibility and control while shielding their assets from potential creditors.
The Importance of Estate Planning
Brenda: “Are there any common mistakes people make when it comes to estate planning?”
Steve: “Yes, unfortunately. One of the biggest is procrastination. Many people assume they have plenty of time or that estate planning is only for older individuals. However, unforeseen circumstances can arise at any age. Moreover, failing to update your estate plan as your life changes can lead to unintended consequences.
Recent data from Caring.com shows that nearly 60% of Americans don’t have a will. That’s a staggering number considering the peace of mind and protection a well-structured estate plan provides.
“Remember, Brenda,” Steve added with a smile, “estate planning isn’t just about money; it’s about safeguarding your loved ones and ensuring your legacy lives on.”
Take Control of Your Future
Steve Bliss and the Wildomar Probate Law team are dedicated to providing compassionate and comprehensive estate planning services. They understand that navigating this process can feel daunting, but they are here to guide you every step of the way.
Client Testimonials
- “Steve Bliss made a complex process simple and understandable. He took the time to answer all my questions and truly cared about my needs.”
- “We were so relieved to have Steve handle our estate planning. His expertise and professionalism gave us peace of mind knowing our family is protected.”
Contact Wildomar Probate Law today for a free consultation and start securing your future.
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar Probate Law is an experienced probate attorney. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar Probate Law is a great estate lawyer. Affordable Legal Services.
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 Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “How can I prevent elder abuse or fraud in my estate plan?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About Wildomar Probate Law
| California Trust Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Trust Lawyer California |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Trust Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Trust Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Trust Lawyer Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Trust Lawyer in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |