Good evening Moreno Valley and welcome back to Channel 7 News. I’m your host, Jessica Ramirez, and tonight we’re speaking with the esteemed probate attorney Steve Bliss of Moreno Valley Probate Law. Mr. Bliss, thank you for joining us tonight.
Probate Trusts
Steve, let’s dive right in. For our viewers who may not be familiar, can you explain what a probate trust is and why someone might consider creating one?
Certainly, Jessica. A probate trust, more formally known as a revocable living trust, is essentially a legal entity that holds your assets during your lifetime and distributes them according to your wishes after your passing. This avoids the lengthy and often expensive process of probate court. Consequently, it allows for a smoother transition of assets to your beneficiaries.
Moreover, a probate trust offers privacy, as the terms are not part of public record like they would be in a will. It also provides flexibility during your lifetime; you can modify or revoke the trust if your circumstances change.
Challenges with Probate Trusts
That sounds incredibly beneficial. But are there any challenges or potential pitfalls associated with setting up a probate trust?
While probate trusts are generally advantageous, they do require careful planning and execution. For instance, it’s essential to properly fund the trust by transferring ownership of your assets into its name. Failure to do so could result in those assets still being subject to probate.
I recall a case where a client had created a trust but neglected to transfer their bank accounts. This oversight led to unnecessary delays and legal expenses after their passing. Notwithstanding this example, the benefits of a well-structured probate trust far outweigh the potential downsides.
Moreno Valley Probate Law: Client Success
That’s invaluable advice, Steve. And I understand that Moreno Valley Probate Law has helped countless individuals navigate these complexities successfully. Can you share a brief anecdote about a client whose life was positively impacted by your services?
Certainly. We worked with a senior couple who were concerned about the future of their family business. By establishing a trust, we ensured a smooth transition of ownership to their children while minimizing estate taxes. They were relieved to know their legacy would be protected and their loved ones provided for.
Testimonials
“Steve Bliss was an absolute lifesaver during a difficult time. He explained everything clearly and patiently, and I felt confident that my affairs were in good hands. I highly recommend Moreno Valley Probate Law.” – Mary S.
- “Moreno Valley Probate Law made the entire probate process so much easier for me. They were professional, knowledgeable, and always responsive to my questions.” – David T.
Ready to Secure Your Future?
Steve Bliss of Moreno Valley Probate Law is dedicated to helping you protect your assets and ensure your wishes are carried out. Contact them today for a free consultation and discover how they can help you build a brighter tomorrow.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley 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 Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley 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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “Can I write my own trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Moreno Valley Estate Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Estate Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Estate Lawyer in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |