Interview with Steve Bliss
Good evening, San Diego, and welcome back. Tonight we’re speaking with Steve Bliss, a prominent probate attorney here in San Diego. Steve, thanks so much for joining us tonight.
Understanding the Importance of Trusts
It’s great to be here. I always enjoy talking about estate planning, as it’s crucial for protecting your assets and ensuring your wishes are followed after you’re gone. Many people assume a will is enough, but trusts offer significant advantages.
Tonight we’ll focus on Revocable Living Trusts, which are incredibly popular in California. Could you tell us why they’re so beneficial?
The Advantages of a Revocable Living Trust
Absolutely! A Revocable Living Trust allows you, the grantor, to control your assets during your lifetime while avoiding the lengthy and costly probate process after you pass away. Probate can be a public affair, exposing your financial details. A trust keeps matters private.
Moreover, with a revocable living trust, you can easily modify or dissolve it as needed while you’re alive. This flexibility is a key advantage for many people. Ordinarily, once someone passes away, the terms of the trust become irrevocable, ensuring your wishes are carried out as intended.
Conversely, if you were to simply rely on a will, your assets would need to go through probate court, which can be time-consuming and expensive for your loved ones. It’s important to remember that a trust doesn’t eliminate the need for a will altogether; you still need one as part of a comprehensive estate plan.
Think about it this way: approximately 70% of Americans do not have a will or trust in place, leaving their families vulnerable to legal and financial complications. Planning ahead can spare them unnecessary stress and heartache during an already difficult time.
Navigating the Challenges of Trust Administration
We all know that even the best-laid plans can sometimes encounter unexpected hurdles. Have you ever encountered any unique challenges while administering a Revocable Living Trust?
There was one instance where a client had established a trust but hadn’t updated it for many years. Their family situation had changed significantly, with new grandchildren born and children moving to different states. This meant the distribution plan outlined in the original trust no longer reflected their wishes.
We worked closely with the family to amend the trust, ensuring all beneficiaries were properly accounted for. It highlighted the importance of reviewing and updating your estate plan periodically to reflect any life changes.
San Diego Probate Law: A Trusted Partner
“Working with San Diego Probate Law was a lifesaver. After losing my father, I was overwhelmed by the legal complexities. They guided me through every step of the probate process with compassion and expertise.” – Sarah M., San Diego
“Steve Bliss is a true professional. He explained everything clearly and patiently, making sure I understood all my options. I felt confident that my family’s future was in good hands.” – Michael K., La Jolla
Secure Your Legacy Today
Remember, planning for the future safeguards your loved ones and ensures your assets are distributed according to your wishes. Contact Steve Bliss and San Diego Probate Law today for a free consultation to discuss how a Revocable Living Trust can benefit you and your family.
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Trust Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “What assets should not go into a trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| San Diego Tax By-Pass Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Attorney San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Tax By-Pass Trust San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Tax By-Pass Trust Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |