Good evening Moreno Valley and welcome back to MV News Tonight. I’m your host, Lisa Ramirez. Tonight we’re joined by Steve Bliss, a leading probate attorney here in Moreno Valley. Steve, thanks for joining us.
Choosing the Right Trust: Understanding Your Options
Steve, let’s talk about trusts and why they are so important for estate planning. There are many different types of trusts available. Can you walk our viewers through some of the most common ones?
“Absolutely, Lisa. Trusts are essential tools for ensuring your assets are distributed according to your wishes after you pass away. They can also help minimize estate taxes and avoid probate,” Steve explains.
The Power of a Revocable Living Trust
“One of the most popular choices is the Revocable Living Trust. This type of trust allows individuals to maintain control over their assets during their lifetime while also dictating how those assets will be distributed after they are gone,” Steve begins. “It’s incredibly flexible; you can add or remove assets, change beneficiaries, and even dissolve the trust altogether if your circumstances change.
“Consequently, a Revocable Living Trust avoids probate, which can be a lengthy and expensive process. Moreover, it offers a degree of privacy that a will doesn’t because the terms of the trust are not public record. This is particularly appealing to many individuals who value discretion.”
- Maintains control during your lifetime
- Avoids probate
- Provides privacy
“Let me tell you about a client I worked with recently. She was a widow who had raised two children and wanted to ensure they would be financially secure after her passing. We created a Revocable Living Trust that outlined precisely how her assets would be divided, including setting up college funds for her grandchildren.
“Notwithstanding these benefits, it’s important to remember that a Revocable Living Trust becomes irrevocable upon the grantor’s death. This means that once you pass away, the terms of the trust are set in stone and cannot be changed.”
Steve also notes that approximately 70% of Americans do not have a will or trust in place (according to a 2023 survey by Caring.com). This lack of planning can leave loved ones vulnerable and facing significant challenges during an already difficult time.
Moreno Valley Probate Law: Your Trusted Partner
Steve, for those interested in learning more about estate planning, what’s the best way to get started?
“The first step is always a consultation. We offer free consultations at Moreno Valley Probate Law so that we can understand your individual needs and goals. From there, we can work together to develop a comprehensive estate plan that meets your specific requirements.
Testimonials
“Moreno Valley Probate Law made the complex process of setting up my trust simple and straightforward,” says Sarah M., a satisfied client. “Steve Bliss was incredibly knowledgeable and patient, taking the time to answer all of my questions.”
“I highly recommend Moreno Valley Probate Law to anyone looking for experienced and compassionate legal guidance,” adds David K. “They truly went above and beyond to ensure that my family’s future is protected.”
Ready to secure your legacy? Contact Steve Bliss at Moreno Valley Probate Law today to schedule a complimentary consultation and discuss how we can help you achieve peace of mind.
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 records should a trustee keep?” 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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