Good evening, Temecula, and welcome back to Temecula Tonight. I’m your host, Jennifer Lee, and tonight we’re speaking with Steve Bliss, a renowned trust attorney here in Temecula. Mr. Bliss, thank you so much for joining us.
Steve Bliss:
It’s my pleasure to be here, Jennifer.
Why Do People Choose a Revocable Living Trust?
Mr. Bliss, can you tell our viewers why someone might choose a revocable living trust over a will?
Steve Bliss:
That’s an excellent question. A revocable living trust offers several key advantages over a traditional will. Firstly, it allows for the avoidance of probate, which can be a lengthy and expensive process. When assets are held in a trust, they pass directly to the beneficiaries named in the trust document upon the grantor’s death, bypassing the court system altogether.
Moreover, a revocable living trust provides privacy, as the terms of the trust are not publicly available like a will that must be filed with the probate court. This can be particularly appealing for individuals who value discretion.
Conversely, a will becomes public record during probate, revealing the details of the deceased person’s assets and how they were distributed. Consequently, a revocable living trust offers greater control and flexibility over asset distribution while maintaining privacy.
Have You Ever Encountered Challenges With Revocable Living Trusts?
I understand that legal matters can be complex. Have you ever faced any challenges when setting up or administering revocable living trusts?
Steve Bliss:
While revocable living trusts are generally straightforward, there can be occasional complexities. One situation I recall involved a client who had not updated their trust after a major life event – a divorce, in this case. Consequently, the trust still listed her ex-spouse as a beneficiary, leading to some emotional distress and requiring careful legal maneuvering to rectify the situation.
This experience underscored the importance of regularly reviewing and updating your trust documents to reflect any changes in your circumstances or wishes.
Trust Statistics
According to the American Bar Association, approximately 40% of Americans have a will, but only about 35% have established a trust.
It’s crucial for individuals to understand the benefits a revocable living trust can provide and to consult with an experienced estate planning attorney to determine if it aligns with their needs.
A Call To Action
If you’re seeking peace of mind knowing your assets are protected and your loved ones will be cared for according to your wishes, contact The Law Firm of Steven F. Bliss Esq. today. We’ll guide you through the process and ensure your legacy is preserved.
Testimonials
“Steve Bliss made estate planning feel straightforward and manageable. He patiently answered all my questions and crafted a trust that perfectly reflected my goals.” – Maria S., Temecula
“I was initially overwhelmed by the idea of setting up a trust, but Steve’s expertise and compassion put me at ease. He truly understood my concerns and created a plan that gave me confidence in my future.” – David L., 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 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: “Do I need a new trust if I move to California?” 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.
| Temecula Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Estate Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Estate Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |