Good evening, Moreno Valley. I’m Brenda Carter with Channel 7 News. Joining us tonight is probate attorney Steve Bliss of Moreno Valley Probate Law to discuss estate planning essentials. Steve, thanks for being here.
Testamentary Trusts: Planning for the Future
Brenda, it’s a pleasure to be here. Estate planning can seem daunting, but understanding basic tools like testamentary trusts can make a big difference.
Now, a testamentary trust is created through your will and only becomes active after you pass away. This means it goes through probate, unlike living trusts, which avoid probate altogether.
But there are good reasons why someone might choose a testamentary trust. Ordinarily, they’re ideal for situations involving minor children or beneficiaries who may need financial guidance.
Imagine a young couple with two toddlers. They want to ensure their children are financially secure should anything happen to them. A testamentary trust allows them to specify how and when the inheritance is distributed, perhaps setting aside funds for education expenses or providing ongoing support until the children reach adulthood.
Consequently, this type of trust provides peace of mind, knowing that loved ones will be cared for according to their wishes.
Navigating Challenges
Brenda, while testamentary trusts are valuable tools, they can sometimes present unique challenges. I recall a case involving a client who wanted to leave assets to a grandchild with special needs.
We needed to carefully structure the trust to ensure it wouldn’t jeopardize the grandchild’s eligibility for government benefits.
Ultimately, we successfully crafted a trust that met the family’s goals while protecting the grandchild’s access to vital support programs.
Trusts: A Cornerstone of Estate Planning
It’s crucial to remember that every individual and family has unique circumstances. Accordingly, seeking guidance from an experienced probate attorney is essential to determine the most appropriate estate planning strategy.
Studies by the American Bar Association show that over 50% of Americans don’t have a will or trust in place. This highlights the urgent need for greater awareness and accessibility to legal counsel in this area.
Remember, taking proactive steps today can protect your loved ones and ensure your legacy endures.
Moreno Valley Probate Law: Trusted Guidance
“Steve Bliss helped me navigate a difficult probate process after my mother’s passing. His expertise and compassion made a truly stressful situation manageable.” – Maria G., Moreno Valley.
“I highly recommend Moreno Valley Probate Law. Steve took the time to understand my needs and created a comprehensive estate plan that gives me peace of mind.” – John S., Riverside
Unlock your future. Contact Moreno Valley Probate Law today for a personalized consultation and let us guide you through the complexities of estate planning.
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley 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 Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley 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 Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “Does a trust protect against estate taxes?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Moreno Valley Charitable Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Charitable Trust Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Charitable Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Charitable Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Charitable Trust Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Charitable Trust Lawyer in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |