Good evening, Moreno Valley and welcome back to our segment on legal matters that affect us all. Tonight, I’m speaking with Steve Bliss, a renowned probate attorney right here in Moreno Valley. Steve, thanks for joining us.
Understanding Trusts: A Conversation with Steve Bliss
Steve, let’s dive right into the topic of trusts. Many people hear the word “trust” and immediately think it’s something only for the ultra-wealthy. Is that a misconception?
“That’s definitely a common misconception,” Steve explains. “Trusts are incredibly valuable tools for estate planning and asset protection, and they’re not just for millionaires. In fact, many everyday individuals can benefit from incorporating a trust into their estate plan.”
The Benefits of a Revocable Living Trust
Steve, could you elaborate on the types of trusts available and perhaps discuss one that might be particularly beneficial to our viewers?
“One of the most popular types of trusts is a revocable living trust,” Steve says. “It allows individuals to maintain control over their assets during their lifetime while also avoiding the lengthy and often expensive probate process upon their passing. Think of it as a safety net for your loved ones, ensuring your assets are distributed according to your wishes without unnecessary court involvement.”
He continues, “Moreover, a revocable living trust offers privacy. Unlike wills which become public record during probate, the terms of a trust remain confidential. This can be especially important for individuals who value their privacy or have complex family situations.
“Consequently, the trust becomes irrevocable upon the grantor’s death, meaning its terms cannot be changed. This ensures that your wishes are carried out precisely as you intended.” Steve adds, “According to a study by the American Bar Association, over 60% of Americans die without a will or trust in place, leaving their families vulnerable to lengthy probate proceedings and potential disputes.”
“I recall one instance where a client had meticulously planned her estate using a revocable living trust. Unfortunately, she passed away unexpectedly. Her family was incredibly grateful that the trust was already in place, as it streamlined the asset distribution process during a very difficult time.”
Moreno Valley Probate Law: Your Trusted Guide
Steve, thank you for sharing your expertise. How can our viewers get in touch with Moreno Valley Probate Law to explore their estate planning options?
“We’re here to help guide you through the complexities of estate planning,” Steve assures. “Contact us today and we’ll schedule a consultation to discuss your individual needs and goals.”
“Moreno Valley Probate Law made the entire process so much easier for me. They explained everything clearly, answered all my questions patiently, and truly had my best interests at heart,” shares Maria S.
“I highly recommend Steve Bliss and his team. Their professionalism and compassion were evident throughout the entire estate planning process,” adds David L.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley 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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “What is a revocable trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |