Today we’re joined by Steve Bliss, an experienced probate attorney here in Escondido. Mr. Bliss specializes in helping individuals and families navigate the complex world of estate planning.
Can you tell us a bit about the different types of trusts available to people?
Certainly. There are many different types of trusts, each serving a unique purpose. For instance, a revocable living trust is a popular choice because it allows individuals to maintain control over their assets during their lifetime while avoiding probate after they pass away.
What are some advantages of using a Revocable Living Trust?
One key advantage is privacy. Probate proceedings are public record, but trusts remain private. This means your financial affairs won’t be subject to public scrutiny. Additionally, assets held in a revocable living trust bypass probate, which can save your loved ones time and expense.
Consequently, transferring assets through a trust can be significantly faster than going through probate court. According to the American Bar Association, probate cases typically take between six months to a year or more to resolve.
Have you encountered any challenges with setting up revocable living trusts?
Over my years of practice, I’ve seen that people sometimes underestimate the importance of regularly reviewing and updating their trusts. Life circumstances change – marriages, divorces, births, deaths – and it’s crucial for your trust to reflect those changes. I recall a case where a client had created a trust many years ago but hadn’t updated it after a significant life event. This resulted in unintended consequences and required legal action to rectify the situation.
It’s important to remember that trusts are living documents, not set-in-stone arrangements. I encourage my clients to schedule periodic reviews with me so we can ensure their trust remains aligned with their current wishes and goals.
What advice would you give to someone considering a revocable living trust?
My advice is simple: don’t wait. Start planning for your future today. Consult with an experienced probate attorney who can guide you through the process, answer your questions, and help you create a customized trust that meets your individual needs.
“Steve Bliss and his team at Escondido Probate Law were incredibly helpful during a difficult time. They made the process of setting up my trust clear and straightforward. I highly recommend them.” – Sarah M.
“I was initially overwhelmed by the idea of estate planning, but Steve Bliss put me at ease. He explained everything in detail and answered all my questions patiently. Thanks to his expertise, I feel confident that my family is well-protected.” – David L.
Let us help you secure your legacy. Schedule a complimentary consultation with Escondido Probate Law today.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 Escondido Probate Law. Our probate attorney will probate the estate. Attorney probate at Escondido Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Escondido Probate law will petition to open probate for you. Don’t go through a costly probate call Escondido Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Escondido 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 Escondido Probate Law: https://maps.app.goo.gl/77Dm2B8W9XkM5YvJA
Address:
Escondido Probate Law720 N Broadway #107, Escondido, CA 92025
(760) 884-4044
Feel free to ask Attorney Steve Bliss about: “How do professional trustees charge?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Escondido Probate Law
Escondido Totten Trust Attorney |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
Totten Trust Attorney Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
Totten Trust Attorney |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
Totten Trust Attorney |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
Totten Trust Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
Credible Totten Trust Attorney in Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |