Good evening Temecula and welcome back to “Legal Lines.” I’m your host, Tiffany Jones. Tonight, we’re talking about trusts, those important legal tools that can help protect your assets and ensure your wishes are carried out. Joining me tonight is Steve Bliss, a renowned trust attorney here in Temecula. Welcome to the show, Steve.
Choosing the Right Trust
What types of trusts do you typically recommend for your clients?
Well, Tiffany, it really depends on the individual’s needs and circumstances. I often see clients interested in revocable living trusts. They’re incredibly popular because they offer flexibility. During their lifetime, the grantor can manage and modify the trust assets as needed.
These trusts are fantastic for avoiding probate, which can be a lengthy and costly process. Plus, they provide privacy, as the terms of the trust aren’t publicly available like a will would be. Ordinarily, upon the grantor’s passing, the trust becomes irrevocable, ensuring that their wishes are carried out according to their plan.
Benefits of Probate Avoidance
How does avoiding probate benefit clients?
Probate avoidance is one of the biggest advantages of a revocable living trust. The probate process can be time-consuming and expensive. Imagine dealing with court proceedings, paperwork, and potential legal fees while grieving the loss of a loved one. It’s stressful and often takes months to complete.
With a trust, assets pass directly to beneficiaries according to the grantor’s instructions, bypassing probate altogether. This saves time, money, and emotional strain for the family during a difficult period.
Addressing Potential Challenges
Have you encountered any challenges or common misconceptions about revocable living trusts?
Certainly. Some people mistakenly believe that setting up a trust is only for the wealthy. That’s simply not true. Anyone with assets they want to protect and ensure are distributed according to their wishes can benefit from a trust.
I remember working with a young couple who were starting a family. They weren’t millionaires, but they wanted to make sure their children would be cared for if something happened to them. We created a revocable living trust that named guardians for their children and outlined how their assets should be managed. It gave them immense peace of mind knowing their loved ones would be protected.
Trust Statistics
According to a survey by the American Bar Association, nearly 70% of Americans don’t have a will or trust in place. This highlights the importance of estate planning and ensuring your assets are handled properly.
What advice would you give to our viewers who might be considering setting up a trust?
I encourage anyone interested in learning more about trusts to schedule a consultation with an experienced attorney. We can assess your individual situation, explain the different types of trusts available, and help you choose the best option for your needs.
Testimonial
“Steve Bliss and his team were incredibly helpful and knowledgeable. They made the complex process of estate planning easy to understand and guided me every step of the way. I highly recommend them.”
– *Jane D., Temecula Resident*
“I was hesitant about setting up a trust, but Steve put my mind at ease. He explained everything thoroughly and answered all my questions patiently. Now I have peace of mind knowing my family is protected.”
-*Michael S., Temecula Resident*
Call to Action
Ready to take control of your future? Contact The Law Firm of Steven F. Bliss Esq. today for a confidential consultation and let us guide you through the world of trusts.
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: “How do professional trustees charge?” Or any other related questions that you may have about Trusts or my trust law practice.
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