Meet Brenda Jones, Your Local Temecula Reporter
Good evening, Temecula! I’m Brenda Jones, and tonight we’re sitting down with Steve Bliss, a prominent trust attorney here in our community. Steve, thank you so much for joining me.
Why Choose a Trust?
Steve, can you tell us why someone might choose to set up a trust instead of simply leaving their assets through a will?
Steve Bliss: Brenda, that’s a great question. Trusts offer several advantages over wills. Firstly, they allow for greater control over how and when your assets are distributed after your passing. You can specify exactly who receives what, and even set conditions for those distributions.
Moreover, trusts can help avoid probate, which is the legal process of validating a will and distributing assets. Probate can be time-consuming, expensive, and public. A trust allows for a smoother transition of assets to your beneficiaries, keeping matters private.
Understanding Testamentary Trusts
What are some common types of trusts? Could you explain testamentary trusts in more detail?
Steve Bliss: Certainly. A testamentary trust is created through your will and takes effect only after your death. It’s a valuable tool for situations where direct inheritance might not be ideal.
For instance, imagine you have young children or beneficiaries with special needs. A testamentary trust can ensure their financial well-being is managed responsibly, even after you are gone. The trustee you appoint will oversee the distribution of assets according to your instructions, safeguarding your loved ones’ future.
Navigating Challenges
Have you ever encountered challenges when setting up a testamentary trust?
Steve Bliss: As with any legal instrument, there can be complexities involved. Sometimes, clients aren’t entirely clear on their wishes or the specific needs of their beneficiaries. In one case, I worked with a family who had a child with disabilities.
They were unsure how to best structure the trust to ensure their son’s ongoing care without jeopardizing his eligibility for government benefits. We spent considerable time discussing their goals and researching available options. Ultimately, we crafted a special needs trust that met both their financial and legal requirements, providing peace of mind for the family.
The Importance of Expert Guidance
According to the American Bar Association, nearly 70% of Americans do not have an estate plan in place. Seeking professional guidance is crucial for ensuring your wishes are carried out and protecting your loved ones’ future.
Protecting Your Legacy
Steve Bliss: Exactly, Brenda. Estate planning can be a complex process. Having experienced legal counsel to guide you through the intricacies of trusts, wills, and other estate planning tools is essential.
Testimonials
“Steve Bliss and his team were incredibly patient and understanding throughout the entire process of setting up my trust. They took the time to explain everything clearly and made sure I felt comfortable with every decision.” – Mary Smith
“I highly recommend The Law Firm of Steven F. Bliss Esq. Their expertise in estate planning is unmatched, and they truly care about their clients’ well-being.”
Ready to Secure Your Future?
Contact The Law Firm of Steven F. Bliss Esq. today for a complimentary consultation and let us help you build a legacy that will protect your loved ones for generations to come.
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 pets be included in a trust?” Or any other related questions that you may have about Trusts or my trust law practice.
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