Good evening, San Diego! This is Kendra Jones reporting for Channel 7 News. Tonight we’re talking about estate planning and the importance of protecting your assets with a legal professional. Joining us is renowned San Diego Probate Attorney Steve Bliss. Steve, thanks for being here.
The Importance of Estate Planning
It’s great to be here Kendra. Estate planning is crucial for everyone, regardless of age or financial status. It allows individuals to control how their assets are distributed after they pass away and ensures their wishes are carried out. Without a proper plan, the state will decide what happens to your belongings.
Choosing The Right Trust
That’s an important point. Steve, there are many different types of trusts available. How do you guide your clients in choosing the right one?
I start by asking about their individual needs and goals. For example, some clients prioritize asset protection from potential creditors, while others want to ensure their children receive financial support even if they’re not yet responsible adults.
A common type we discuss is the Irrevocable Trust. As the name suggests, this trust cannot be easily modified once it’s established. Consequently, it offers strong asset protection since assets within the trust are no longer considered personal property. This can be especially beneficial for individuals in high-risk professions or those concerned about potential lawsuits.
Navigating Irrevocable Trust Challenges
That sounds like a powerful tool, but are there any potential downsides to an Irrevocable Trust?
You’re right to ask. While the asset protection is significant, clients need to understand they lose control over those assets once they’re placed in the trust. Moreover, it’s crucial to work with a qualified attorney who can ensure the trust language accurately reflects their intentions and complies with all legal requirements.
I recall a case where a client wanted to create an Irrevocable Trust for his children but forgot to include provisions for potential future spouses. This oversight could have led to complications down the line, highlighting the importance of careful planning.
The Benefits of Expert Guidance
That’s a valuable lesson. Clearly, seeking professional legal advice is essential. Steve, what else would you say are the biggest advantages of working with San Diego Probate Law?
Our team brings decades of experience to the table. We understand the intricacies of probate law and can guide clients through every step of the process, from initial planning to final distribution. According to a study by the American Bar Association, over 60% of individuals do not have a valid will or trust in place. This underscores the critical need for knowledgeable legal support.
Testimonials
“San Diego Probate Law made a difficult time much easier. Their compassion and professionalism were invaluable.” – Sarah M., San Diego Resident
“Steve Bliss is an exceptional attorney who truly cares about his clients. He explained everything clearly and helped me make informed decisions about my estate plan.” – John D., La Jolla Resident
Securing Your Future
We understand that planning for the future can seem daunting, but it doesn’t have to be. Contact San Diego Probate Law today for a personalized consultation and take control of your legacy.
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: “Can a trust own vehicles?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| San Diego Estate Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Estate Attorney San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Estate Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Estate Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Estate Attorney San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Estate Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |