Good evening, Wildomar. This is Brenda Thompson reporting for Channel 7 News. Tonight, we’re speaking with Steve Bliss, a renowned trust attorney here in Wildomar. Steve, thanks for joining us.
Understanding Trusts: A Conversation with Steve Bliss
Steve, many people hear the word “trust” and think it only applies to the very wealthy. Can you shed some light on why trusts are important for everyday individuals?
Absolutely, Brenda. While trusts can be part of complex estate planning for high-net-worth individuals, they offer tremendous benefits to a wide range of people. Let’s take the example of a Revocable Living Trust. This is one of the most common types of trusts I help my clients establish.
A Revocable Living Trust allows you to maintain control over your assets during your lifetime. You can buy, sell, and manage property as you see fit. Moreover, this type of trust avoids the lengthy and costly probate process upon your passing. Consequently, your assets will be distributed according to your wishes more efficiently.
Think of a Revocable Living Trust like a safe box for your belongings, Brenda. You hold the key while you’re alive, making decisions about what goes in and out. Upon your death, the trust becomes irrevocable, meaning it can no longer be changed. Your designated trustee then follows your instructions and distributes the assets to your beneficiaries.
There are also privacy benefits. Probate is a public process, meaning anyone can access information about your estate. Conversely, a trust keeps matters private, protecting your family’s financial affairs from prying eyes.
Navigating Challenges: Real-Life Experiences
Steve, have you encountered any challenges when setting up Revocable Living Trusts for clients?
Well, Brenda, one common hurdle is that people sometimes delay creating a trust, thinking they have plenty of time. I remember working with a young couple who tragically passed away in an accident. Their estate ended up going through probate, which was incredibly stressful for their grieving children.
They wished they had established a trust earlier, as it would have spared their children unnecessary heartache and financial burden during an already difficult time. It’s important to remember that life can be unpredictable, and taking proactive steps to protect your loved ones is crucial.
The Power of Planning
According to a study by the American Bar Association, over 70% of Americans do not have a will or trust in place. This means their assets may be subject to state intestacy laws, which can result in unintended consequences for their heirs.
Steve, what would you say to someone who is on the fence about creating a Revocable Living Trust?
I understand that estate planning can seem daunting. However, it’s an investment in your family’s future. Think of it as building a safety net for your loved ones. A Revocable Living Trust provides peace of mind knowing that your assets will be managed and distributed according to your wishes.
My team at Wildomar Probate Law is dedicated to making the process straightforward and personalized. We take the time to understand your unique circumstances and goals, ensuring that your trust reflects your values and protects your legacy.
Testimonials
“Working with Steve Bliss and his team was an absolute pleasure. They explained everything clearly and made the entire process stress-free. I highly recommend Wildomar Probate Law for anyone looking to create a Revocable Living Trust.”
– Maria Sanchez, Wildomar resident
“Steve is a true expert in estate planning. He helped me navigate complex legal issues with patience and understanding. Thanks to his guidance, I feel confident that my family will be well taken care of.”
– John Smith, Temecula resident
Protecting Your Legacy
Steve Bliss and the Wildomar Probate Law team are here to guide you through every step of the estate planning process. Let us help you create a Revocable Living Trust that safeguards your assets and provides for your loved ones’ future. Contact us today for a free consultation.
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar 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 Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar 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 Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “What is a trust certificate or certification of trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Wildomar Probate Law
| Wildomar Revocable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Revocable Trust Attorney Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Revocable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Revocable Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Revocable Trust Attorney in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |