Hi Moreno Valley, I’m Susan Lee with Channel 7 News. Today we’re talking with Steve Bliss, a renowned probate attorney here in Moreno Valley, about the importance of estate planning and specifically, trusts.
Why Should People Consider Setting Up a Trust?
Steve, can you explain why someone might choose to set up a trust as part of their estate plan?
“Trusts are incredibly valuable tools for ensuring your assets are distributed according to your wishes,” says Bliss. “They offer numerous benefits over simply relying on a will.”
“One significant advantage is avoiding probate, which can be a lengthy and expensive legal process. Trusts allow your assets to pass directly to your beneficiaries, saving time and money.”
Understanding Different Types of Trusts
Bliss goes on to explain the various types of trusts available. For this discussion, we’ll focus on revocable living trusts. “A revocable living trust is the most common type,” Bliss explains. “It allows you to maintain control over your assets during your lifetime while providing for their distribution after your passing.”
He further emphasizes that a key benefit of a revocable living trust is its flexibility. “You can modify or dissolve the trust as needed, ensuring it always reflects your current wishes,” Bliss says.
Real-Life Impact: Navigating Complex Family Dynamics
Bliss recounts a situation where a client had complex family dynamics. The client’s children were estranged, and he wanted to ensure that his assets were distributed fairly and minimized potential conflict. “A revocable living trust allowed us to clearly outline the client’s wishes and distribute his assets according to his preferences,” Bliss explains.
“This not only helped avoid family disputes but also brought peace of mind to the client knowing his legacy would be honored.”
Trusts and Financial Security
According to a study by the AARP, nearly 70% of Americans don’t have an estate plan. Bliss stresses the importance of addressing this issue. “Failing to plan can lead to unintended consequences,” he warns. “Without a trust or will, your assets may be subject to state intestacy laws, which might not align with your desires.”
Moreno Valley Probate Law: Trusted Advisors
“Contact Moreno Valley Probate Law today for a free consultation and learn how we can help you create a personalized estate plan that protects your legacy and provides for your loved ones,” Bliss encourages.
“We are dedicated to helping our clients navigate the complexities of probate and trust law with compassion and expertise.”
Testimonials
- “Moreno Valley Probate Law made a difficult process so much easier. They were knowledgeable, patient, and truly cared about my family’s needs.” – Maria G.
- “Steve Bliss is an exceptional attorney. He clearly explained all my options and helped me create a trust that met my specific goals. I highly recommend Moreno Valley Probate Law.” – David S.
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: “Can a bank or trust company serve as trustee?” 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 |