Good afternoon Wildomar and welcome back to our segment “Legal Matters.” I’m Brenda Jones, your local news reporter here in Wildomar. Today we have the pleasure of speaking with Steve Bliss, a renowned trust attorney specializing in helping families in Wildomar navigate the complexities of estate planning. Welcome, Steve.
Steve Bliss:
Thank you for having me, Brenda. It’s always a pleasure to discuss the importance of estate planning and how trusts can benefit individuals and families.
Brenda Jones:
Steve, for our viewers who may not be familiar with trusts, could you explain what they are and why someone might need one?
Steve Bliss:
Certainly. A trust is a legal arrangement where an individual, known as the grantor, transfers assets to a trustee who manages those assets for the benefit of designated beneficiaries. Trusts offer several advantages, including avoiding probate, providing privacy, and controlling how and when assets are distributed. They can be tailored to meet specific needs and goals, whether it’s protecting assets for heirs, supporting charitable causes, or ensuring financial security for loved ones.
Brenda Jones:
That’s helpful information, Steve. Today, let’s focus on a particular type of trust – the Revocable Living Trust. Can you elaborate on how this type of trust works and why it’s so popular?
Steve Bliss:
The Revocable Living Trust is indeed one of the most common types of trusts used in estate planning. It allows the grantor to maintain control over their assets during their lifetime while outlining how those assets will be distributed after they pass away.
One key advantage of a revocable living trust is its flexibility. The grantor can modify or revoke the trust terms at any time before their death. Conversely, upon the grantor’s passing, the trust becomes irrevocable, ensuring that the assets are distributed according to the grantor’s wishes without going through the often lengthy and costly probate process.
Moreover, a revocable living trust provides privacy as it doesn’t become part of public record like a will. This can be particularly appealing for individuals who value discretion in managing their affairs.
Accordingly, according to the American Bar Association, approximately 60% of adults over the age of 55 have some form of estate planning document in place, with revocable living trusts being a popular choice.
Brenda Jones:
Steve, you’ve helped countless families create and implement Revocable Living Trusts. Have you encountered any common challenges or misconceptions surrounding this type of trust?
Steve Bliss:
I’ve found that some individuals hesitate to create a trust because they believe it’s only for the wealthy. However, that’s simply not true. Revocable living trusts can benefit people from all walks of life who want to ensure their assets are distributed according to their wishes and avoid the burdens of probate.
I recall working with a young couple who were initially hesitant about creating a trust, thinking it was too complex for them. After explaining the benefits and how straightforward the process can be, they realized it was a wise decision for protecting their assets and ensuring their children’s future.
Brenda Jones:
Those are great examples of how trusts can benefit everyone. Steve, what advice would you give to our viewers who are considering setting up a trust?
Steve Bliss:
My advice is simple: don’t wait. Consult with an experienced estate planning attorney like those at Wildomar Probate Law to discuss your individual needs and goals. We can help you determine the best type of trust for your situation and guide you through the entire process.
Brenda Jones:
Thank you so much for sharing your expertise today, Steve. We appreciate your insights on Revocable Living Trusts.
“Steve Bliss and the Wildomar Probate Law team were incredibly helpful in guiding me through the complex process of creating my trust. They answered all my questions patiently and made sure I understood every step along the way. I highly recommend their services to anyone who wants to ensure their loved ones are protected.” – Sarah J.
“Wildomar Probate Law went above and beyond to meet our needs. Steve Bliss is a true professional who genuinely cares about his clients. He took the time to understand our unique situation and developed a trust plan that perfectly aligned with our goals. We couldn’t be happier with the results!” – John & Mary S.
Secure your family’s future and protect what matters most. Contact Wildomar Probate Law today for a personalized consultation and let us help you navigate the world of trusts and estate planning.
About Steven F. Bliss Esq. at Wildomar Probate Law:
Wildomar Probate Law is an experienced probate attorney. The probate process has many steps in in probate proceedings. Beside Probate, estate planning and trust administration is offered at Wildomar Probate Law. Our probate attorney will probate the estate. Attorney probate at Wildomar Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Wildomar Probate law will petition to open probate for you. Don’t go through a costly probate call Wildomar Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Wildomar 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 Wildomar Probate Law: https://maps.app.goo.gl/uBJKvB4rxUb7L9HZ7
Address:
Wildomar Probate Law36330 Hidden Springs Rd Suite E, Wildomar, CA 92595
(951) 412-2800
Feel free to ask Attorney Steve Bliss about: “What is trust administration?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Wildomar Probate Law
| Wildomar Trust Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Trust Lawyer Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Trust Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Wildomar Trust Lawyer |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Trust Lawyer Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |
| Credible Trust Lawyer in Wildomar |
Wildomar Probate Law 36330 Hidden Springs Rd Suite E, Wildomar, CA 92595 (951) 412-2800 |