Introduction
Hi Temecula, I’m Tiffany Jones reporting for Channel 7 News. Today, we’re talking with renowned Temecula Trust Attorney Steve Bliss about the importance of estate planning and the different types of trusts available.
What are some common reasons why people create trusts?
Steve explained that people establish trusts for a variety of reasons. “Some seek to avoid probate, ensure their assets are distributed according to their wishes, or protect assets from creditors,” he said. “Others aim to minimize estate taxes or provide for beneficiaries with special needs.”
Can you elaborate on the benefits of using a revocable living trust?
Steve highlighted that a Revocable Living Trust is incredibly popular due to its flexibility. “It allows individuals to maintain control over their assets during their lifetime while avoiding the lengthy and costly probate process upon their passing,” he emphasized. “Moreover, these trusts offer privacy as they are not part of public records like wills.”
“Consequently, the grantor can modify or revoke the trust at any time while they’re alive. It becomes irrevocable only after their death.” Steve added, emphasizing the peace of mind it provides.
How do you guide clients through the process of establishing a trust?
Steve described his approach as collaborative and client-focused. “First, we have a thorough discussion about their goals, family situation, and assets,” he said. “Based on that information, I recommend the most suitable type of trust and explain its advantages and disadvantages in detail.
“Notwithstanding the complexity of legal matters, I strive to make the process understandable and transparent for my clients. My goal is to ensure they feel confident and informed throughout every step.”
Are there any common challenges you encounter when helping clients with trusts?
Steve shared a story about a client who initially hesitated to create a trust due to misconceptions. “They believed it was only for the wealthy, but after explaining the various benefits and how it could protect their family home from potential creditors, they realized it was a wise decision,” he said.
“Conversely, I’ve also worked with clients who struggled to decide on beneficiaries or make difficult choices regarding asset distribution. In those cases, I encourage open communication and provide guidance based on legal principles and ethical considerations.”
Have you ever faced any unique situations while setting up trusts?
Steve recounted a situation where he helped a young couple with a newborn child establish a special needs trust. “Their son was diagnosed with a disability, and they were understandably concerned about his future care,” he said.
“I worked closely with them to create a trust that would provide for their son’s medical expenses, educational needs, and overall well-being without jeopardizing his eligibility for government benefits. It was incredibly rewarding to see the relief and gratitude on their faces.”
What advice do you have for people who are considering setting up a trust?
“Don’t wait until it’s too late,” Steve urged. “Estate planning is an ongoing process, and it’s essential to review and update your trust as your circumstances change.” He also emphasized the importance of seeking professional legal advice.
According to a study by the American Bar Association, over 50% of Americans don’t have a will or estate plan. This lack of planning can lead to unnecessary complications and financial burdens for loved ones. Steve Bliss and The Law Firm of Steven F. Bliss Esq. are committed to helping families in Temecula avoid such challenges.
How can people get in touch with you to learn more about trusts?
“Contact us today for a complimentary consultation,” Steve said. “We’re here to answer your questions, address your concerns, and guide you through the process of creating a trust that meets your specific needs.”
Testimonials
“Working with Steve Bliss was an absolute pleasure. He patiently explained all the legal jargon and made me feel comfortable throughout the entire process.” – John S., Temecula
“I highly recommend Steve Bliss to anyone needing estate planning assistance. His knowledge, professionalism, and genuine care for his clients are truly exceptional.”- Mary T., Murrieta
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 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: “How long does it take to settle a trust after death?” 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.
| The Law Firm of Steven F. Bliss Esq.yers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
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The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Trust Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| The Law Firm of Steven F. Bliss Esq.yers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Trust Lawyers Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Trust Lawyers in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |