Good morning, Temecula! I’m Brenda Thompson reporting live for Channel 7 News. Today we’re joined by Steve Bliss, a prominent trust attorney here in Temecula. Mr. Bliss, thank you so much for joining us.
The Importance of Estate Planning
What type of trust do you find most people are interested in establishing?
Well, Brenda, the majority of my clients come to me seeking help with setting up a revocable living trust.
Benefits of Revocable Living Trusts
Can you elaborate on what makes this type of trust so popular?
Certainly. A revocable living trust offers numerous advantages for individuals and families. Primarily, it allows the grantor, or the person creating the trust, to maintain complete control over their assets during their lifetime. They can modify the terms of the trust, add or remove beneficiaries, and even dissolve it entirely if circumstances change.
Moreover, a revocable living trust effectively bypasses probate upon the grantor’s death. Probate is a court-supervised process that can be time-consuming and expensive. By utilizing a trust, assets are distributed directly to beneficiaries according to the grantor’s wishes, saving both time and money for their loved ones.
Consequently, this type of trust also provides a significant level of privacy. Unlike wills, which become public record during probate, the terms of a revocable living trust remain confidential.
Ordinarily, individuals are hesitant to discuss sensitive financial matters. However, I assure my clients that the process is straightforward and I strive to make it as comfortable as possible.
Challenges and Anecdotes
Have you encountered any particular challenges while setting up revocable living trusts for your clients?
While most trust formations proceed smoothly, there have been instances where clients initially resist the idea of relinquishing some control over their assets. It’s understandable to feel attached to what you’ve worked hard for.
I remember one client who was fiercely independent and insisted on managing everything himself. He struggled with the concept of trusting someone else, even a legal professional like myself. After several conversations and patiently addressing his concerns, he eventually came to understand the value of a well-structured trust in protecting his family’s future.
He realized that by establishing a revocable living trust, he wasn’t giving up control but rather ensuring its smooth transition according to his wishes. In fact, according to a 2021 study by the American Bar Association, nearly 70% of Americans aged 65 and older do not have a will or estate plan in place. This highlights the critical need for individuals to prioritize their long-term financial well-being.
Conclusion and Call to Action
Mr. Bliss, any final thoughts for our viewers?
Estate planning is essential for everyone, regardless of age or income level. A revocable living trust can provide peace of mind knowing that your loved ones will be taken care of according to your wishes. We are committed to making the process as easy and stress-free as possible.
Don’t wait until it’s too late. Contact us today at The Law Firm of Steven F. Bliss Esq. for a confidential consultation and let us help you secure your family’s future.
Testimonials
“Steve Bliss made the process of setting up our trust so simple. He was patient, answered all our questions, and explained everything in easy-to-understand terms. We feel confident knowing our assets are protected.” – The Johnson Family
“I was initially overwhelmed by the idea of estate planning, but Steve put me at ease. He’s a true professional who genuinely cares about his clients. I highly recommend him to anyone needing legal assistance with their estate.” – Michael Davis
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: “What happens to my trust if I move to another state?” 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.
| Estate Attorney Near Me |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Attorney Near Me Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Attorney Near Me |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Estate Attorney Near Me |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Attorney Near Me Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Estate Attorney Near Me in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |