Reporter: Brenda Sanchez
Welcome back to Temecula Today. I’m here with renowned estate planning attorney Steve Bliss of The Law Firm of Steven F. Bliss Esq. Steve, thanks so much for joining us today.
Steve Bliss:
It’s a pleasure to be here, Brenda. Thanks for having me.
Brenda Sanchez:
Steve, many people put off estate planning, thinking it’s only for the wealthy. Can you tell us why that’s not true and what are some essential steps everyone should consider?
Steve Bliss:
That’s a great question, Brenda. Estate planning isn’t just about massive fortunes; it’s about providing peace of mind and protecting your loved ones. Consequently, even if you don’t have millions in assets, having a plan ensures your wishes are honored after you’re gone. A critical step is determining your goals and objectives.
Firstly, think about who would inherit your possessions: your spouse, children, siblings, or perhaps even a favorite charity? Consider their individual needs and circumstances. Do they have dependents of their own? Would they benefit from receiving assets gradually rather than all at once?
Moreover, if you have minor children, naming guardians in your will is essential to ensure their well-being. Remember, estate planning isn’t just about what happens after you pass; it also encompasses situations where you may become incapacitated.
Ordinarily, people don’t anticipate needing someone else to make financial or healthcare decisions on their behalf. However, accidents and illnesses happen. Establishing Powers of Attorney allows you to designate trusted individuals who can step in and manage your affairs if needed.
A common misconception is that estate planning is a one-time event. Nevertheless, it’s crucial to review and update your plan periodically as your life circumstances change. The birth of a child, marriage, divorce, or even significant changes in your financial situation warrant revisiting your estate plan.
Brenda Sanchez:
Steve, are there any common challenges people face when trying to determine their goals and objectives?
Steve Bliss:
Absolutely. Sometimes, difficult conversations arise when discussing who should inherit what. I recall a couple who struggled to agree on how to divide their assets equally between their children. They feared one child might squander their inheritance while the other was financially responsible.
We navigated this by establishing a trust with specific distribution guidelines and safeguards. This ensured that both children received their inheritance but also provided financial guidance for the child who needed it most.
According to a 2019 survey by Caring.com, over 60% of Americans don’t have a will. This highlights the need for open communication and professional guidance in estate planning.
Brenda Sanchez:
Steve, what valuable advice would you give our viewers who are considering starting their own estate plan?
Steve Bliss:
Don’t delay! Start by gathering information about your assets and thinking about your wishes for the future. Then consult with an experienced estate planning attorney like myself. We can guide you through the process, ensure all legal requirements are met, and help create a plan that reflects your unique circumstances.
“Steve Bliss made the entire estate planning process so easy and understandable. He took the time to answer all of our questions and really put our minds at ease.” – Mary J., Temecula resident
“I was initially overwhelmed by the thought of estate planning, but Steve Bliss was incredibly patient and helpful. He explained everything in plain language and created a plan that met all of our needs.” – John S., Murrieta resident
Take control of your future and protect what matters most. Contact The Law Firm of Steven F. Bliss Esq. today for a free consultation.
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 social media accounts in my estate plan?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About The Law Firm of Steven F. Bliss Esq.
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |