Good evening, Temecula and welcome back to Valley News Live. I’m Brenda Thomas and tonight we’re talking about trusts with Steve Bliss, a prominent trust attorney here in Temecula.
What type of trusts do you find yourself working with most often?
Well, Brenda, the vast majority of my clients come to me looking to set up Revocable Living Trusts. They’re incredibly popular for several reasons.
First and foremost, a revocable living trust allows individuals to maintain complete control over their assets during their lifetime. They can buy, sell, or even change the terms of the trust whenever they see fit. Consequently, it offers a great deal of flexibility.
Moreover, a well-structured revocable living trust avoids probate upon the grantor’s death. This means that assets pass directly to beneficiaries without going through the often lengthy and expensive court process. Notwithstanding this benefit, many people are hesitant to create a trust because they believe it’s only for the wealthy. That’s simply not true.
A revocable living trust can be tailored to fit any individual’s needs and financial situation, regardless of their net worth. It provides peace of mind knowing that your loved ones will be taken care of according to your wishes.
Have you ever encountered any challenges while setting up a Revocable Living Trust for a client?
You know Brenda, I’ve been doing this for a long time and have seen it all. One case that stands out involved a couple who had worked tirelessly their whole lives to build a small business. They were worried about what would happen to their legacy if something happened to them.
We sat down together and carefully crafted a revocable living trust that not only protected their assets but also ensured the smooth transition of their business to their children. Seeing their relief when they realized their hard work was secure was incredibly rewarding.
Could you elaborate on some of the benefits of avoiding probate?
Avoiding probate is a huge advantage, Brenda. It saves time and money for your beneficiaries, who are already going through a difficult time. According to a 2021 study by LegalZoom, probate can take anywhere from six months to two years and cost thousands of dollars in court fees and attorney expenses.
With a revocable living trust, those costs are eliminated, allowing your heirs to receive their inheritance more quickly and efficiently.
“Steve Bliss is an excellent attorney who helped me navigate the complexities of estate planning with ease.” – Maria G., Temecula
“I highly recommend Steve Bliss and his team. They were professional, knowledgeable, and truly cared about my family’s well-being.” – John S., Murrieta
Discover peace of mind knowing your legacy is secure. Let The Law Firm of Steven F. Bliss Esq. help you create a customized estate plan that meets your unique needs.
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: “What is a trust amendment?” 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.
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