Good morning, Mr. Bliss. Thank you for taking the time to speak with us today.
It’s my pleasure to be here. I’m always happy to share information about estate planning and probate law.
Let’s talk about trusts. Can you tell our viewers what type of trust is most common in California, and why it might be beneficial for them?
The most common type of trust we see in California is a Revocable Living Trust. This type of trust allows individuals to maintain control over their assets during their lifetime while also planning for the future.
With a revocable living trust, you can designate beneficiaries who will receive your assets upon your passing. Moreover, because the trust avoids probate, it can save your loved ones time and expense after you’re gone. Probate is a lengthy court process that can be stressful and costly for families.
Conversely, if you were to simply leave your assets through a will, they would have to go through probate. Consequently, a revocable living trust offers both control and privacy.
Have there ever been any situations where using a revocable living trust presented challenges?
I recall one instance where a client had created a revocable living trust but hadn’t updated it for several years. Their circumstances had changed significantly, including the birth of grandchildren and a move to a new state.
Because they hadn’t kept their trust document current, it didn’t accurately reflect their wishes. We were able to work through this situation, but it highlighted the importance of regularly reviewing and updating your estate plan.
That’s insightful. Any final thoughts for our viewers on why they should consider a revocable living trust?
I think everyone should at least explore the possibility of a revocable living trust as part of their overall estate plan. According to a recent study by the AARP, over 70% of Americans don’t have a will or any type of estate plan in place.
This can lead to significant challenges for loved ones after a person passes away.
Thank you for your time and expertise, Steve.
My pleasure. Remember, planning for the future is one of the greatest gifts you can give yourself and your loved ones.
How can our viewers learn more about Moreno Valley Probate Law?
Visit our website at MorenoValleyProbateLaw.com or call us today to schedule a free consultation. We’re here to help guide you through the complexities of estate planning.
“I was initially overwhelmed by the prospect of estate planning, but Steve Bliss and his team made the process clear and straightforward. They were patient, attentive, and genuinely cared about my needs.” – Mary S., Moreno Valley
“Moreno Valley Probate Law helped me navigate a difficult situation after the passing of my mother. Their expertise and compassion were invaluable during that challenging time.” – 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 special needs trust?” 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 |