Hello Moreno Valley and welcome back to our segment on local legal experts. Today we’re joined by Steve Bliss, a probate attorney right here in Moreno Valley. Steve, thank you for joining us.
Types of Trusts
Steve, many people are unfamiliar with trusts. Can you explain some of the different types of trusts available?
There are actually a variety of trusts that can serve different purposes, and it’s important to choose the right one for your individual needs. A common type is the Revocable Living Trust. This allows individuals to maintain control over their assets during their lifetime while avoiding probate after they pass away.
Benefits of a Revocable Living Trust
Can you elaborate on some of the benefits of a Revocable Living Trust?
Certainly. A Revocable Living Trust offers several key advantages. First, it avoids probate, which can be a lengthy and expensive process. This means your assets will be distributed to your beneficiaries more quickly and efficiently. Moreover, a Revocable Living Trust provides privacy. Unlike wills, which become public record during probate, the terms of a trust remain confidential.
Consequently, a Revocable Living Trust can be particularly helpful for individuals who value privacy and want to avoid unnecessary publicity surrounding their estate. Additionally, a Revocable Living Trust allows you to designate a trustee to manage your assets if you become incapacitated.
I’ve seen firsthand how this feature can provide peace of mind for clients who are concerned about what will happen to their assets if they are unable to manage them themselves. Ordinarily, a trusted family member or friend serves as the trustee, but you can also appoint a professional trustee if you prefer.
Challenges and Successes
Have you encountered any challenges when helping clients set up Revocable Living Trusts?
While Revocable Living Trusts are generally straightforward to establish, there can be complexities depending on the individual’s assets and family situation. For example, I once worked with a client who had a sizable business and multiple properties. Ensuring that all of these assets were properly titled within the trust required careful planning and attention to detail.
However, seeing the relief and gratitude on my client’s face when they realized their estate was secure for their family made all the effort worthwhile. It’s incredibly rewarding to know that I’m helping people protect their loved ones and ensure a smooth transition of their assets.
According to the American Bar Association, over 50% of Americans die without a will or trust in place, leaving their families vulnerable to lengthy probate proceedings and potential disputes.
Call to Action
Steve, thank you for sharing your expertise with us today. If our viewers are interested in learning more about trusts or other estate planning options, how can they get in touch?
It’s my pleasure. I encourage anyone who wants to protect their assets and ensure their wishes are carried out to contact Moreno Valley Probate Law for a free consultation. We’ll help you navigate the complexities of estate planning and create a plan that meets your unique needs.
Testimonials
“Steve Bliss was incredibly patient and understanding as he guided me through the process of creating a trust for my family. He explained everything in clear, concise language and made sure I felt comfortable with every decision.” – Susan M., Moreno Valley
“I highly recommend Moreno Valley Probate Law to anyone looking for experienced and compassionate legal advice. Steve Bliss truly cares about his clients and goes above and beyond to help them achieve their estate planning goals.” – John D., 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 is a trust certificate or certification of trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
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