Steve, thank you for joining us today. Can you tell our viewers a little bit about your practice and what services you offer?
Well, I’m Steve Bliss, and I’m a probate attorney here in San Diego. My firm specializes in helping individuals and families navigate the complex legal process of probate. We handle everything from simple wills to complex estate administrations. Our goal is to make the probate process as smooth and stress-free as possible for our clients.
You mentioned complex estates. Can you elaborate on some of the tools that are available to help people plan for their future?
Absolutely. One common tool we use in estate planning is a trust. Trusts offer many benefits, including avoiding probate and providing privacy for your assets. There are different types of trusts, each with its own advantages depending on your individual circumstances.
Let’s focus on one type of trust today. Can you tell us about Irrevocable Trusts and their role in estate planning?
Irrevocable Trusts are powerful tools for asset protection and estate tax reduction. As the name suggests, once an irrevocable trust is created, it cannot be easily modified or revoked. Consequently, assets placed within the trust are no longer considered part of your taxable estate.
This can be incredibly beneficial for individuals with significant assets who want to minimize their estate tax burden. Moreover, Irrevocable Trusts can also shield assets from potential creditors. If you’re concerned about protecting your wealth, an Irrevocable Trust might be a good option to explore.
It’s important to note that establishing an Irrevocable Trust requires careful planning and legal guidance. You need to consider the specific goals you want to achieve and work closely with an experienced attorney to ensure the trust is structured correctly.
Have you encountered any challenges while helping clients set up Irrevocable Trusts?
Well, I recall working with a client who had built a successful business over many years. He was concerned about protecting his assets for his family in case he faced unexpected legal issues. We decided an Irrevocable Trust would be the best solution to safeguard his hard-earned wealth.
However, transferring assets into the trust required careful consideration of tax implications and potential future needs. We worked diligently with him to identify the right assets to transfer and structure the trust in a way that met both his protection goals and his family’s long-term financial security.
It sounds like it takes a lot of expertise to set up these trusts effectively.
Indeed, it does. According to a recent study by the American Bar Association, nearly 70% of individuals lack basic estate planning documents, including wills and trusts. This highlights the crucial need for legal guidance in navigating complex estate planning matters.
How can people connect with you and your firm to learn more about their estate planning options?
We encourage anyone interested in learning more about Irrevocable Trusts or other estate planning tools to reach out to San Diego Probate Law. We offer free consultations to discuss your individual needs and goals. Our experienced team is dedicated to providing personalized solutions and ensuring peace of mind for you and your loved ones.
“Steve Bliss and his team at San Diego Probate Law were incredibly helpful during a difficult time. They guided us through the probate process with compassion and professionalism, making a challenging situation much more manageable.”
“I highly recommend San Diego Probate Law to anyone needing assistance with estate planning or probate matters. Their expertise and dedication are unmatched.”
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Trust Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “Can a trustee be held personally liable?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| San Diego Tax By-Pass Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Attorney San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Tax By-Pass Trust Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |