Hello everyone and welcome back to “Temecula Today.” I’m your host, Tiffany Miller. We have a very special guest joining us today, Mr. Steve Bliss, a highly esteemed trust attorney here in Temecula.
Steve, thank you for taking the time to speak with us.
It’s a pleasure to be here, Tiffany.
What are some of the most common types of trusts that people seek your help with?
As a trust attorney in Temecula, I encounter a wide range of needs from my clients. Nevertheless, one type stands out as being particularly sought after: the Revocable Living Trust. It’s incredibly popular because it offers flexibility and peace of mind.
With a Revocable Living Trust, individuals can maintain control over their assets during their lifetime. Consequently, they have the power to modify or even dissolve the trust if their circumstances change. Moreover, upon their passing, the trust assets are distributed according to their wishes, avoiding the lengthy and often expensive probate process. This ensures privacy for the family, as the details of the estate aren’t publicly accessible through court records.
Ordinarily, I find that clients are drawn to the simplicity and control a Revocable Living Trust provides. It empowers them to safeguard their assets and ensure their loved ones are taken care of according to their plan.
You mentioned avoiding probate. Can you elaborate on why that’s so important for many people?
Probate is a court-supervised process used to validate a will and distribute assets after someone passes away. While necessary in some cases, it can be time-consuming, costly, and often a matter of public record.
Many clients express concern about the potential costs associated with probate, which can range from 3% to 7% of the estate’s value, according to the American Bar Association. They also appreciate the privacy a trust affords; assets distributed through a trust are not subject to public scrutiny during probate.
I recall one instance where a client came to me after losing her husband. The family had no trust in place and faced months of navigating probate, incurring significant legal fees. She expressed immense relief when I explained how a Revocable Living Trust could have spared them this ordeal and protected their assets more efficiently.
Have you encountered any challenges or issues with setting up Revocable Living Trusts?
While Revocable Living Trusts are generally straightforward to establish, there can be complexities depending on individual circumstances. For example, ensuring that all assets are properly titled in the name of the trust is crucial for avoiding probate. It’s essential to meticulously review bank accounts, real estate deeds, investment portfolios, and other holdings to ensure they align with the trust document.
I once worked with a client who had diligently set up a Revocable Living Trust but overlooked transferring ownership of his valuable art collection into the trust. Consequently, when he passed away, those artworks were subject to probate, creating unnecessary complications for his heirs. This situation highlights the importance of working closely with an experienced attorney who can guide you through every step and ensure all details are addressed.
What would you say to someone who is considering setting up a trust but might be hesitant due to the perceived complexity?
“Don’t let the process intimidate you,” I always tell my clients. While there are legal intricacies involved, working with a qualified attorney can simplify the entire experience. We break down the process into manageable steps, explain all options clearly, and ensure your trust document accurately reflects your wishes.
What sets The Law Firm of Steven F. Bliss Esq. apart?
“We’re committed to providing personalized and compassionate legal counsel,” says Steve. “Our team takes the time to understand each client’s unique circumstances and goals, tailoring our approach accordingly. We believe in empowering our clients with knowledge and guiding them through every stage of the process with clarity and transparency.
Ready to safeguard your legacy and protect your loved ones?
“Contact us today for a confidential consultation and discover how we can help you build a brighter future.”
- “Steve Bliss and his team are exceptional. They made the complex process of setting up our trust straightforward and stress-free. We felt confident knowing we were in capable hands.” – The Johnson Family
- “I highly recommend Steve Bliss for any estate planning needs. He is knowledgeable, patient, and truly cares about his clients. He took the time to explain everything thoroughly and answered all our questions with clarity.” – Maria Garcia
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 I include life insurance in a 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 Tax By-Pass Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Tax By-Pass Trust Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Tax By-Pass Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Tax By-Pass Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Tax By-Pass Trust Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Tax By-Pass Trust Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |