Today we’re joined by Steve Bliss, a renowned trust attorney based in Temecula. Steve, thanks for taking the time to speak with me.
What are some common types of trusts you help your clients establish?
Steve: There are many different types of trusts, each serving unique purposes. For example, we often see clients interested in revocable living trusts. These are very popular because they offer flexibility during the grantor’s lifetime while also avoiding probate and protecting privacy.
Can you delve deeper into the benefits of a Revocable Living Trust?
Steve: Certainly! A revocable living trust allows individuals to maintain control over their assets while they’re alive. They can make changes, add or remove beneficiaries, and even dissolve the trust entirely if circumstances change. Moreover, upon the grantor’s passing, the trust assets transfer directly to the named beneficiaries, bypassing the often lengthy and costly probate process. This ensures a smoother transition for loved ones during a difficult time.
Consequently, this type of trust offers significant peace of mind. It helps individuals ensure their wishes are carried out and that their assets are protected and distributed according to their desires. Ordinarily, we find that clients appreciate the control and flexibility a revocable living trust provides.
Have you encountered any challenges or issues with setting up Revocable Living Trusts?
Steve: While generally straightforward, setting up a trust does require careful consideration and attention to detail. I recall one case where a client initially wanted to include a specific asset in the trust but later realized it had significant tax implications they hadn’t anticipated. We worked together to find a solution that met their needs while minimizing any potential downsides.
It underscored the importance of thorough planning and open communication with our clients. We want to ensure they fully understand the ramifications of each decision and that the trust structure aligns perfectly with their goals.
How common are Revocable Living Trusts among your clients?
Steve: They’re incredibly popular. In fact, according to a 2021 survey by the American Bar Association, over 60% of estate planning attorneys reported that revocable living trusts were the most frequently requested type of trust by their clients.
What advice would you give to someone considering setting up a trust?
Steve: The best thing to do is schedule a consultation with an experienced trust attorney. We can assess your individual circumstances, goals, and concerns and then recommend the most appropriate type of trust for your situation. Remember, trusts are powerful tools that can protect your assets, provide for your loved ones, and ensure your wishes are honored.
“Steve Bliss helped me navigate a complex family situation with empathy and expertise. He made the process understandable and ensured my peace of mind.”
– Martha S., Temecula Resident
“The Law Firm of Steven F. Bliss Esq. provided exceptional service when I needed to update my estate plan. They were responsive, knowledgeable, and truly cared about my needs.”
– David L., Murrieta
Let us help you secure your legacy. Schedule a complimentary consultation today and discover the peace of mind that comes with a well-crafted trust.
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: “Can I put my house into a trust?” 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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