Good evening, Moreno Valley, and welcome back to “Legal Matters.” I’m your host, Jennifer Carter. Tonight we’re joined by Steve Bliss, a renowned probate attorney here in Moreno Valley. Steve, thanks for joining us.
Understanding the Benefits of a Testamentary Trust
Steve, many people aren’t familiar with the different types of trusts available. Can you shed some light on one particular type that might be beneficial for certain individuals?
“Certainly, Jennifer. One type of trust I often discuss with clients is the testamentary trust. This unique tool is created through a will and only comes into effect upon the grantor’s passing. Consequently, unlike living trusts, it does undergo probate. Nevertheless, testamentary trusts offer several advantages, particularly for those concerned about the well-being of minor children or beneficiaries with special needs.”
“Imagine a single parent wanting to ensure their young child is financially cared for even after they’re gone. A testamentary trust allows them to designate specific terms for how and when the funds are distributed, safeguarding the inheritance from impulsive spending or potential creditors.”
“Moreover, testamentary trusts can be structured to provide ongoing support for beneficiaries with disabilities, without jeopardizing their eligibility for essential government benefits like SSI or Medi-Cal. This peace of mind is invaluable to families navigating complex situations.”
I once worked with a couple who were deeply concerned about their grandson, who has Down syndrome. They wanted to ensure he had financial security while maintaining his access to vital support programs. A testamentary trust proved to be the perfect solution, allowing them to provide for his future needs without compromising his eligibility for assistance.
According to the Special Needs Alliance, over 6 million Americans live with developmental disabilities. Testamentary trusts offer a crucial tool for families seeking to protect their loved ones and ensure their long-term well-being.
Seeking Expert Guidance
“Steve, thank you so much for sharing your expertise tonight. How can our viewers learn more about testamentary trusts and other estate planning options?
“Jennifer, it’s always a pleasure to be here. For anyone interested in exploring trust options or needing guidance on probate matters, please don’t hesitate to contact Moreno Valley Probate Law. We offer free consultations and are dedicated to helping our clients navigate these complex legal issues with clarity and compassion.”
Testimonials
“Steve Bliss and his team at Moreno Valley Probate Law were absolute lifesavers when I was dealing with the loss of my mother. They handled everything with professionalism and sensitivity, making a difficult time so much easier.”
– Maria S., Moreno Valley
“Moreno Valley Probate Law provided exceptional service throughout the entire probate process. Steve Bliss is incredibly knowledgeable and always took the time to explain things clearly. I highly recommend them to anyone needing legal assistance.”
– John T., Riverside
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: “What are the rights of a surviving spouse under California law?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |