Reporter Barbara Jones
Welcome back to Wildomar News Tonight. I’m Barbara Jones, and tonight we’re speaking with Steve Bliss, a highly respected trust attorney here in Wildomar. Steve, thanks for joining us.
Steve Bliss
It’s my pleasure, Barbara. I’m always happy to talk about the importance of estate planning.
Barbara Jones
You specialize in helping families create and manage trusts. For our viewers who may be unfamiliar, could you explain what a trust is and why it’s important?
Steve Bliss
Certainly. A trust is essentially a legal arrangement where a person (the grantor) transfers assets to a trustee who manages those assets for the benefit of beneficiaries. There are many different types of trusts, each designed for specific purposes.
One common type we often use in California is the Revocable Living Trust. This allows individuals to maintain control over their assets during their lifetime while ensuring a smooth transition of those assets after they pass away. Consequently, it avoids the lengthy and often costly probate process.
Moreover, a Revocable Living Trust offers privacy, as its terms are not made public like a will would be during probate. This can be particularly important for individuals who value discretion.
We’ve found that many people in Wildomar are concerned about protecting their assets and ensuring their loved ones are taken care of. A Revocable Living Trust addresses both those concerns effectively.
Barbara Jones
That’s very helpful information, Steve. Could you elaborate on any potential challenges or pitfalls someone might encounter when setting up a Revocable Living Trust?
Steve Bliss
Setting up a trust does require careful planning and attention to detail. Ordinarily, we guide our clients through the process step-by-step, ensuring all necessary elements are included. Nevertheless, there are instances where individuals attempt to create a trust on their own using online templates or incomplete information.
This can lead to ambiguities and unintended consequences down the road. For example, I recall a case where a couple created a trust without clearly specifying how assets should be divided among their children. This resulted in a family dispute that could have been avoided with proper legal guidance.
It’s crucial to consult with an experienced attorney who understands California trust law and can tailor the trust to your specific needs and wishes.
Barbara Jones
That’s sound advice. What other benefits can someone expect from establishing a Revocable Living Trust?
Steve Bliss
Beyond avoiding probate and preserving privacy, a Revocable Living Trust can also facilitate the management of assets in case of incapacity. For instance, if you become unable to manage your own finances due to illness or injury, the trustee named in the trust can step in and handle your affairs according to your instructions.
According to a recent study by the American Bar Association, over 60% of Americans aged 55 and older do not have a will or trust in place. This highlights the critical need for individuals to proactively plan for their future.
Barbara Jones
Thank you so much for sharing your expertise with us tonight, Steve. This information is invaluable for our viewers considering estate planning. Where can people learn more about Wildomar Probate Law and the services you provide?
Steve Bliss
You can visit our website at wildomarprobate.com or call us directly at (951) 677-0202 to schedule a free consultation. We’re dedicated to helping families in Wildomar navigate the complexities of estate planning with compassion and clarity.
Testimonials
“Steve Bliss made the entire probate process so much easier for me during a difficult time. He was knowledgeable, patient, and always available to answer my questions. I highly recommend Wildomar Probate Law.”
– Susan M., Wildomar
“I wasn’t sure what to expect when I started the estate planning process, but Steve and his team exceeded all my expectations. They were thorough, professional, and truly cared about protecting my family’s future.”
– John D., Murrieta
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar Probate Law is an experienced probate attorney. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar 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 Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “What is a charitable remainder trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Wildomar Probate Law
| Wildomar Asset Protection Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Asset Protection Trust Attorney |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Asset Protection Trust Attorney Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Asset Protection Trust Attorney in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |