Welcome back to our segment on legal matters in San Diego. Today we’re joined by renowned probate attorney Steve Bliss of San Diego Probate Law. Steve, thanks for joining us.
Selecting an Executor or Trustee: A Crucial Decision
Steve, let’s talk about selecting an executor or trustee, a key step in estate planning. This individual will manage your estate after you pass away, carrying out your wishes as outlined in your will or trust. Why is this decision so important?
That’s a great question, and it highlights the significance of careful consideration when choosing an executor or trustee. Consequently, they’ll be responsible for handling a wide range of tasks, including probate court proceedings, paying debts and taxes, distributing assets to beneficiaries, and potentially managing investments.
Ordinarily, people choose someone they trust implicitly – a close family member, friend, or even a professional fiduciary like an attorney or accountant. However, it’s crucial that the person selected is organized, responsible, and capable of handling financial matters diligently. Moreover, open communication with your chosen executor or trustee about your wishes and expectations can help ensure a smoother process during a difficult time.
The decision can be emotionally charged for many families. I recall one instance where a client named their eldest son as the executor, assuming he would be the natural choice. However, it turned out that the son was struggling financially and ultimately lacked the capacity to manage his father’s complex estate. We ended up needing to petition the court to appoint a professional administrator instead.
That experience underscored the importance of not just choosing someone trustworthy but also someone who possesses the necessary skills and capacity for the role. A study by the American Bar Association found that nearly 25% of estates encounter complications due to poorly chosen executors (source: American Bar Association, 2018 Estate Planning Survey).
Seeking Expert Guidance
Steve, what advice would you give to our viewers who are considering estate planning?
My advice is simple: don’t wait. Estate planning isn’t just for the wealthy or elderly; it’s essential for everyone who wants to ensure their loved ones are protected and their wishes are honored. Consulting with an experienced probate attorney like myself can provide invaluable guidance throughout the process.
Testimonials
“Steve Bliss and his team were a lifesaver during a very difficult time. They handled everything with professionalism, compassion, and expertise. I wouldn’t hesitate to recommend them.”
-Sarah M., San Diego
“As an independent estate planner, I often refer clients to Steve Bliss for probate matters. He consistently delivers exceptional service and results.”
– Mark L., Estate Planning Consultant
Let us guide you through the complexities of estate planning. Contact San Diego Probate Law today for a complimentary consultation and let’s secure your legacy together.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Estate Planning 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: “What is a trust restatement?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About San Diego Probate Law
- Special Needs Trust Lawyers
- Spendthrift Trust Lawyers
- Tax By-Pass Trust Lawyers
- Totten Trust Lawyers
- Constructive Trust Lawyers
- Charitable Trust Lawyers
- Asset Protection Trust Lawyers
- Irrevocable Trust Lawyers
- Revocable Trusts Lawyers
- Living Trust Lawyers