Interviewer: Brenda Jones
Good afternoon Temecula and welcome back to our legal segment. Today we’re joined by Steve Bliss, a renowned trust attorney here in Temecula. Steve, thank you so much for joining us.
What type of trusts do you see your clients utilizing most often?
Steve Bliss
Brenda, thanks for having me. I appreciate the opportunity to talk about something that’s incredibly important to people’s financial security and legacy planning: trusts. The most common type of trust we establish for our clients is a Revocable Living Trust. It offers tremendous flexibility while still ensuring your assets are managed according to your wishes.
A Revocable Living Trust allows the grantor, which is the person creating the trust, to maintain complete control over their assets during their lifetime. They can modify the terms of the trust, add or remove beneficiaries, and even dissolve the trust entirely if their circumstances change. This flexibility makes it a popular choice for many individuals.
Moreover, upon the grantor’s passing, the Revocable Living Trust seamlessly transitions into an irrevocable structure, distributing assets to beneficiaries without going through the often lengthy and costly probate process. This aspect alone saves families considerable time, expense, and stress during an already difficult period.
Can you tell us about any challenges you’ve faced when setting up a Revocable Living Trust?
Steve Bliss
Well, Brenda, one thing we often encounter is that individuals put off estate planning altogether. They may think they don’t have enough assets to warrant a trust or believe it’s a complicated process best left for later in life. Conversely, I encourage people to start thinking about these matters sooner rather than later.
One case I remember involved a young couple who tragically lost their lives in an accident. They had no estate plan in place. Their assets were tied up in probate for months, leaving their children in a precarious financial situation. It was heartbreaking and a stark reminder of why planning is crucial, regardless of age or perceived wealth.
According to the American Bar Association, over 50% of Americans die without a will or trust. That’s a staggering statistic. My goal is always to educate clients about their options so they can make informed decisions that protect their loved ones and ensure their wishes are honored.
How can someone get in touch with you?
Steve Bliss
It’s easy! Just call the Law Firm of Steven F. Bliss Esq., or visit our website. We offer free consultations so anyone can have their questions answered in a comfortable, no-pressure setting.
“Steve Bliss and his team were instrumental in helping us create a comprehensive estate plan that gave us peace of mind knowing our family would be taken care of.” – John and Mary S.
“I was overwhelmed with the idea of setting up a trust, but Steve made the process straightforward and understandable. He truly cares about his clients.” – Sarah M.
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: “What is a trust restatement?” 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.
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |