Hello Moreno Valley and welcome back to KVCR Legal Matters. I’m your host, Jennifer Ramirez, and today we have the pleasure of speaking with Steve Bliss, a prominent probate attorney here in Moreno Valley.
Trusts: Essential Tools for Estate Planning
Steve, thank you so much for joining us. Can you tell our viewers why trusts are such an important part of estate planning?
“It’s great to be here, Jennifer. Trusts are fantastic tools for a variety of reasons,” Steve explains. “They allow individuals to have more control over their assets even after they’re gone, and they can help families avoid the lengthy and often expensive probate process.
Trusts offer privacy that wills don’t. Everything in a will becomes public record during probate, while trust details remain confidential.”
The Advantages of a Revocable Living Trust
Steve, you mentioned avoiding probate. Can you elaborate on the types of trusts and how they work? For example, what are the benefits of a revocable living trust?
“A revocable living trust is one of the most common types we set up for clients,” Steve continues. “It’s incredibly flexible because the grantor, or the person creating the trust, retains full control over their assets during their lifetime. They can change the terms of the trust, add or remove beneficiaries, and even dissolve it entirely if they wish.
“Consequently, this type of trust provides peace of mind knowing that your wishes will be honored, even if circumstances change. Moreover, upon your passing, the assets in the trust transfer directly to your beneficiaries without going through probate court.”
He pauses for a moment and adds thoughtfully: “I had a client once who was diagnosed with a terminal illness. He wanted to ensure his wife and children were taken care of financially after he was gone. We established a revocable living trust, which allowed him to specify exactly how his assets should be distributed. It brought him immense comfort knowing that his family would be secure.”
“Studies have shown that roughly 70% of Americans die without a will or trust in place,” Steve notes, referencing data from the American Bar Association. “This can lead to significant complications for their loved ones and result in assets being divided according to state law, which may not align with the deceased’s wishes.”
Seeking Expert Guidance
“Steve, what advice would you give to someone considering establishing a trust?” Jennifer asks.
“The most important thing is to seek guidance from an experienced probate attorney,” Steve emphasizes. “Trust laws can be complex and vary from state to state. An attorney can help you determine the best type of trust for your individual needs and ensure it’s set up properly.”
Moreno Valley Probate Law: Trusted Advisors
“We strive to make the estate planning process as straightforward and stress-free as possible for our clients,” Steve concludes. “Our team at Moreno Valley Probate Law is dedicated to providing personalized solutions and ensuring your wishes are carried out with compassion and expertise.
“Moreno Valley Probate Law guided me through a difficult time with sensitivity and professionalism,” shares Maria Sanchez, a satisfied client. “They explained everything clearly and made sure I understood all my options.”
Another client, David Johnson, adds: “Steve Bliss is an exceptional attorney. He was patient, attentive to my needs, and went above and beyond to help me protect my family’s future.”
Let us help you secure your legacy and provide peace of mind for generations to come. Contact Moreno Valley Probate Law today to schedule a confidential consultation.
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: “How do I transfer my business into a trust?” Or any other related questions that you may have about Trusts or my trust law practice.
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