My name is Samantha Jones, and I’m a reporter for Temecula News. Today, we have the pleasure of speaking with Steve Bliss, a renowned trust attorney here in Temecula. Welcome, Steve.
Understanding Trusts
What type of trusts do you find yourself helping clients establish most frequently?
Well, Samantha, as a trust attorney in Temecula, I encounter a variety of needs from my clients. The most common type of trust I help people establish is the Revocable Living Trust.
Ordinarily, folks are drawn to this type because it offers flexibility and control during their lifetime. With a Revocable Living Trust, the grantor – that’s the person creating the trust – retains the power to manage and change the terms of the trust as long as they’re alive and mentally competent.
Consequently, this type of trust avoids the lengthy and often expensive probate process upon their passing. It also provides a level of privacy that traditional wills don’t offer because the details of the trust are not part of public record.
Challenges with Trusts
Can you share any challenges you’ve faced while helping clients set up Revocable Living Trusts?
While Revocable Living Trusts are generally straightforward, there have been instances where clients weren’t fully aware of all the implications. For example, I once worked with a couple who thought they could simply transfer their entire house into the trust without considering potential capital gains taxes.
We had to carefully review their situation and consult with tax professionals to ensure they understood the full financial picture. It’s crucial for clients to have open communication with their attorney and ask any questions they may have.
Moreover, I always emphasize the importance of keeping the trust documents updated as life circumstances change.
The Importance of Proper Documentation
How common are these types of oversights?
It’s more common than you might think. People often underestimate the complexities involved in estate planning.
According to a recent study by the American Bar Association, nearly 60% of adults don’t have a will or any type of estate plan in place. This can lead to unintended consequences for their loved ones.
Seeking Professional Guidance
What advice would you give to those considering establishing a Revocable Living Trust?
My advice is simple: seek guidance from an experienced trust attorney like myself. We can help you navigate the legal intricacies, tailor the trust to your specific needs and goals, and ensure that it’s properly funded and maintained. Don’t wait until it’s too late.
Testimonials
“Steve Bliss helped me set up a Revocable Living Trust that gave me peace of mind knowing my family would be taken care of after I’m gone.” – Maria S., Temecula
“I was initially overwhelmed by the idea of estate planning, but Steve made the process easy to understand. He truly cares about his clients and goes above and beyond to provide exceptional service.” – John D., Murrieta
Take control of your legacy and secure your family’s future. Contact The Law Firm of Steven F. Bliss Esq. today for a complimentary consultation and let us guide you through the process of establishing a Revocable Living Trust that meets your unique needs.
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 special needs trust?” 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.
| Temecula Totten Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Totten Trust Attorney Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Totten Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Totten Trust Attorney |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Totten Trust Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Totten Trust Attorney in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |