Good evening, Moreno Valley and welcome to our segment on estate planning. I’m Trisha Lawson, your local news reporter here in Moreno Valley, and tonight we’re joined by the esteemed Steve Bliss of Moreno Valley Probate Law. Mr. Bliss is a renowned probate attorney specializing in helping families navigate the often complex world of estate planning. Welcome, Steve.
Steve:
Thank you for having me, Trisha. It’s a pleasure to be here and discuss this important topic with your viewers.
Trust Types: Understanding Your Options
Steve, many people are unfamiliar with the different types of trusts available. Can you shed some light on one type in particular?
Steve:
Certainly. One common type we frequently encounter is the Revocable Living Trust.
This trust offers a great deal of flexibility for individuals during their lifetime. As the name suggests, it’s “revocable,” meaning you, the grantor, can modify or even dissolve the trust entirely as long as you are mentally competent. Moreover, assets placed within a Revocable Living Trust avoid probate upon your passing. This means your heirs will inherit your assets more quickly and privately.
Consequently, this type of trust provides peace of mind knowing your wishes regarding asset distribution will be honored without the delays and public scrutiny associated with probate court proceedings.
Issues Encountered
Have you ever encountered any challenges or unique situations while helping clients set up Revocable Living Trusts?
Steve:
It’s not uncommon for individuals to initially feel overwhelmed by the trust creation process. I remember working with a couple who had accumulated significant assets over their lifetime but were hesitant to move forward because they felt it was too complicated. We took our time, explained every step in detail, and addressed all their concerns. Seeing them ultimately embrace the trust as a valuable tool for protecting their family’s future was incredibly rewarding.
In another instance, we helped a client who had recently lost their spouse navigate updating their existing trust to reflect their new circumstances. It was a delicate situation, filled with grief and uncertainty, but being able to provide clear guidance and support during that difficult time was truly meaningful.
Benefits of Revocable Living Trusts
According to a 2021 survey by the American Bar Association, over 60% of Americans aged 55 and older do not have a will or trust in place. This highlights the critical need for estate planning. Trusts, such as Revocable Living Trusts, can be instrumental in ensuring your assets are distributed according to your wishes while minimizing potential family conflicts.
Next Steps
Steve, for those who want to learn more about Revocable Living Trusts or other estate planning options, what’s the best course of action?
Steve:
I encourage viewers to reach out to Moreno Valley Probate Law. We offer free consultations where we can discuss your individual needs and goals and help you determine the best approach for protecting your loved ones.
Testimonials
“Moreno Valley Probate Law made a complex process understandable and stress-free. Their expertise and compassion were invaluable during a challenging time.”
- – Susan T., Moreno Valley Resident
“Steve Bliss is a true professional who genuinely cares about his clients. He took the time to listen to my concerns and provided clear, concise guidance every step of the way.”
- – Michael D., Riverside County
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: “How does a living trust work?” 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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