Today we’re joined by Steve Bliss, an experienced probate attorney serving the Escondido community. Steve, thank you for taking the time to speak with us today.
What types of trusts do you typically recommend for your clients?
It really depends on each client’s individual circumstances and goals. For many people, a revocable living trust is an excellent option. It allows them to maintain control over their assets during their lifetime while avoiding probate upon their passing. This can save time and money for their loved ones.
Could you elaborate on the benefits of a revocable living trust?
Certainly. A revocable living trust offers several key advantages. Firstly, it bypasses probate, which is a lengthy and often expensive court process. Assets held in the trust pass directly to beneficiaries according to the grantor’s wishes. Secondly, it provides privacy. Unlike wills, which become public record during probate, the terms of a trust remain confidential.
Moreover, a revocable living trust allows for flexibility. The grantor can amend or revoke the trust during their lifetime as circumstances change. This ensures that the trust continues to meet their needs and those of their beneficiaries.
Have you encountered any common challenges when helping clients establish revocable living trusts?
Occasionally, I encounter clients who are hesitant to relinquish some control over their assets. They worry about losing access or making changes later on. However, it’s important to remember that a revocable living trust doesn’t take away your ownership or decision-making power. You remain the trustee and can manage the assets as you see fit.
I recall one instance where a client was initially resistant to creating a trust because she feared losing control of her investments. After discussing the benefits and addressing her concerns, she ultimately decided to proceed. She was relieved to have a plan in place that would protect her assets and ensure they were distributed according to her wishes.
Studies by the American Bar Association show that over 70% of Americans don’t have a comprehensive estate plan. A revocable living trust is a crucial component of such a plan, offering peace of mind for both you and your loved ones.
What advice would you give to someone considering setting up a trust?
My best advice is to consult with an experienced probate attorney who can guide you through the process. They’ll help you determine the best type of trust for your needs, ensure it’s properly drafted and executed, and answer any questions you may have.
“Steve Bliss helped me navigate a complex probate case with professionalism and compassion. I highly recommend Escondido Probate Law to anyone facing estate planning challenges.” – Maria Sanchez, Escondido Resident
“Escondido Probate Law made the process of setting up my trust simple and stress-free. I feel confident knowing that my family is protected.” – John Davis, Escondido Business Owner
Take control of your future and protect your loved ones. Contact Escondido Probate Law today to discuss your estate planning needs.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Escondido Probate Law. Our probate attorney will probate the estate. Attorney probate at Escondido Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Escondido Probate law will petition to open probate for you. Don’t go through a costly probate call Escondido Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Escondido 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 Escondido Probate Law: https://maps.app.goo.gl/77Dm2B8W9XkM5YvJA
Address:
Escondido Probate Law720 N Broadway #107, Escondido, CA 92025
(760) 884-4044
Feel free to ask Attorney Steve Bliss about: “What happens to my trust when I die?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Escondido Probate Law
| Trust Lawyer | Estate Lawyer | Trust Lawyer |
| Trust Lawyer Near Me | Estate Lawyer Near Me | Trust Lawyer Near me |
| Escondido Trust Lawyer | Escondido Estate Lawyer | Escondido Trust Lawyer |
| Trust Lawyer Escondido | Estate Lawyer Escondido | Trust Lawyer Escondido |