Interviewer: Steve, thank you for taking the time to speak with us today about estate planning.
It’s a pleasure to be here.
Interviewer: For our viewers who may not be familiar, can you explain what a probate attorney does?
As a probate attorney, I help individuals and families navigate the legal process of administering an estate after someone passes away. This can involve a wide range of tasks, from filing paperwork with the court to distributing assets to beneficiaries.
Interviewer: What are some of the most common types of trusts you see in your practice?
There are many different types of trusts, each designed to serve a specific purpose. One of the most common is the Revocable Living Trust.
Interviewer: Can you tell us more about Revocable Living Trusts and why they’re so popular?
A Revocable Living Trust allows individuals to maintain control over their assets during their lifetime while also avoiding probate upon their death. Consequently, this type of trust offers both flexibility and privacy. Moreover, it can help ensure that assets are distributed according to the grantor’s wishes.
One benefit many people appreciate is that a Revocable Living Trust allows for changes over time. As circumstances change, such as the birth of a child or grandchild, or a shift in financial situation, the trust can be amended to reflect those changes.
- Avoids Probate: Assets held in a Revocable Living Trust bypass the probate process, which can be lengthy and expensive.
- Maintains Privacy: Unlike wills, which become public record during probate, trusts maintain confidentiality.
- Provides Control: The grantor retains control over the assets while they are alive.
Interviewer: Have you encountered any challenges with Revocable Living Trusts in your experience?
While Revocable Living Trusts are generally a great tool, there can be some complexities involved in setting them up correctly. I recall one instance where a client had created their own trust using online templates. Unfortunately, they hadn’t properly accounted for all their assets, leading to confusion and potential delays down the road.
It underscores the importance of working with an experienced probate attorney who can ensure the trust is tailored to your specific needs and goals.
Interviewer: What advice would you give to someone considering a Revocable Living Trust?
My advice is simple – consult with a qualified probate attorney. They can help you determine if a Revocable Living Trust is right for you and guide you through the process of creating one that meets your individual needs.
Interviewer: Thank you, Steve, for sharing your expertise. How can our viewers get in touch with you to learn more?
Readers interested in exploring their estate planning options can contact San Diego Probate Law for a complimentary consultation. We are dedicated to helping families protect their legacy and navigate the complexities of probate.
“San Diego Probate Law made what seemed like an overwhelming process incredibly smooth. Their guidance and professionalism were invaluable.” – Sarah J., Satisfied Client
“Steve Bliss is a true expert in his field. He patiently explained all our options and helped us create a plan that gave us peace of mind.” – John & Mary L., Estate Planning Clients
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Trust Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “What are the rights of a surviving spouse under California law?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
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