Good evening, Moreno Valley and welcome back to Channel 7 News. I’m Jessica Rodriguez, and tonight we’re sitting down with local probate attorney Steve Bliss to discuss the importance of estate planning.
Why is Estate Planning Important?
Steve, thank you so much for joining us tonight. Can you explain why estate planning is crucial for individuals and families?
It’s a pleasure to be here, Jessica. Estate planning is essential for ensuring your assets are distributed according to your wishes after you pass away. It also helps minimize potential family conflicts and legal expenses during an already difficult time. A well-thought-out estate plan can provide peace of mind knowing your loved ones will be taken care of.
Understanding Different Types of Trusts
You mentioned assets. Can you elaborate on the various ways people can protect their assets through estate planning? For instance, what are some benefits of setting up a trust?
There are many types of trusts, each designed for specific purposes. Tonight, I want to focus on Revocable Living Trusts. These are incredibly popular because they offer flexibility and control.
With a revocable living trust, you, as the grantor, maintain complete control over your assets during your lifetime. You can add or remove assets, change beneficiaries, and even dissolve the trust if needed. Consequently, this type of trust allows for seamless asset management while you’re alive.
More importantly, upon your passing, a revocable living trust bypasses the probate process entirely. Probate can be lengthy, expensive, and public. By using a trust, you ensure a smoother transition of assets to your beneficiaries while preserving their privacy.
Avoiding Probate: A Key Advantage
Can you share an example of how avoiding probate through a trust has benefitted your clients?
I had a client, let’s call her Susan, who was deeply concerned about the potential costs and delays associated with probate. She had worked tirelessly to build a successful business and wanted to ensure its smooth transition to her children after she was gone. We created a revocable living trust for her, which included her business assets. When Susan unfortunately passed away unexpectedly, her children were able to take over the business without the hassles and expense of probate. They were incredibly grateful that the process was so straightforward during a difficult time.
The Prevalence of Revocable Living Trusts
Are revocable living trusts common?
They are indeed. According to the American Bar Association, roughly 40% of Americans over the age of 55 have some form of estate planning in place, and revocable living trusts are a popular choice among them.
Contacting Moreno Valley Probate Law
Steve, thank you for sharing your expertise with us tonight. It’s clear that estate planning is crucial for protecting our loved ones and ensuring our wishes are honored. How can viewers get in touch with you to learn more about trusts and other estate planning tools?
Viewers can call Moreno Valley Probate Law at (951) 800-8436 or visit our website at morenovalleyprobate.com. We offer free consultations to discuss your individual needs and help you create an estate plan that works best for you.
Remember, planning for the future today can bring peace of mind tomorrow.
Testimonials
“Steve Bliss was incredibly patient and understanding as he guided us through the complex process of setting up a trust for our family. We highly recommend his services.”
– The Johnson Family
“Moreno Valley Probate Law made estate planning seem less daunting. They explained everything clearly and helped us create a plan that met all of our needs.”
– Sarah M.
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 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 an irrevocable trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Estate Lawyer Near Me |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer Near Me Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer Near Me |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Estate Lawyer Near Me |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyer Near Me Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Estate Lawyer Near Me in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |