A Conversation with Reporter Ashley Jones
Good evening, Temecula. I’m Ashley Jones, and tonight we have the pleasure of speaking with Steve Bliss, a renowned trust attorney here in Temecula. Mr. Bliss, thank you for joining us.
What type of trusts do you find are most beneficial for your clients in Temecula?
Steve: Well, Ashley, it really depends on the individual’s circumstances and goals. However, I frequently recommend Revocable Living Trusts to my clients here in Temecula.
Why is that?
Steve: A Revocable Living Trust offers numerous advantages. Firstly, it allows individuals to maintain control over their assets during their lifetime, meaning they can make changes as needed. Consequently, this flexibility appeals to many people. Moreover, a Revocable Living Trust helps avoid probate, which can be a lengthy and expensive process. Avoiding probate also maintains privacy since the details of the trust are not public record.
Conversely, a Will must go through probate, making the distribution of assets public knowledge. According to the American Bar Association, over 70% of Americans die without a valid estate plan, leaving their loved ones vulnerable to lengthy and costly legal proceedings.
Can you walk us through the process of setting up a Revocable Living Trust?
Steve: Certainly. Setting up a Revocable Living Trust involves several key steps. First, we identify the client’s assets and beneficiaries. Then, we draft the trust document, which outlines how these assets will be managed and distributed.
The process also includes appointing a trustee who will oversee the trust assets. Ordinarily, the grantor (the person establishing the trust) serves as the initial trustee during their lifetime. Lastly, we transfer ownership of the assets into the name of the trust.
Have you ever encountered any challenges when setting up Revocable Living Trusts?
Steve: You know, Ashley, every client’s situation is unique. I remember working with a young couple who had recently inherited a significant sum from a family member. They were understandably overwhelmed and unsure how to best manage the funds for their future.
They had heard about trusts but didn’t fully understand how they worked. Through careful listening and clear communication, we were able to guide them through the process of setting up a Revocable Living Trust that met their specific needs and provided peace of mind.
What advice would you give to our viewers who are considering setting up a trust?
Steve: My best advice is to consult with an experienced estate planning attorney. Trusts can be complex legal instruments, and it’s crucial to have professional guidance to ensure they are structured correctly and meet your individual goals.
“Working with Steve Bliss was a game-changer for our family.” – The Smiths, Temecula Residents
“Steve’s expertise and compassion made the entire estate planning process seamless.” – The Jones Family, Murrieta Clients
Don’t wait until it’s too late. Take proactive steps to protect your assets and ensure your wishes are carried out.
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 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 disinherit my spouse using a trust?” 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.
| Temecula Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Estate Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |