Today we’re joined by Steve Bliss, a prominent probate attorney here in Escondido. Steve, thanks for taking the time to speak with us.
What are some common estate planning strategies you recommend to your clients?
One of the most valuable tools I recommend is setting up a trust. Trusts offer a range of benefits that can protect assets, minimize taxes, and ensure your wishes are carried out after you’re gone. There are various types of trusts tailored to specific needs.
Can you elaborate on a particular type of trust that might be beneficial for many people?
Certainly. A Revocable Living Trust is an excellent option for a majority of my clients. It allows individuals to maintain control over their assets during their lifetime while avoiding the lengthy and often costly probate process after they pass away.
With a revocable living trust, you can name yourself as the trustee, meaning you retain complete access to and control over your assets. You can buy, sell, or modify your assets as needed. Moreover, the trust document outlines how your assets will be distributed upon your death, ensuring your wishes are respected.
This type of trust also offers significant privacy benefits. Unlike wills, which become public record during probate, the terms of a revocable living trust remain confidential. Consequently, this can help protect your family from unwanted scrutiny and potential conflicts.
Have you encountered any challenges or unique situations when implementing Revocable Living Trusts for your clients?
While Revocable Living Trusts are generally straightforward to establish, I’ve had instances where clients initially resisted the idea. Some perceived it as overly complex or unnecessary. In one case, a client in his late 60s hesitated because he thought estate planning was only for the elderly and wealthy.
I took the time to explain the trust’s benefits in simple terms, emphasizing how it could protect his assets for his children and grandchildren. His wife, who had been urging him to plan for their future, was relieved. After understanding the trust’s advantages, he wholeheartedly embraced the idea.
It’s rewarding to see clients gain peace of mind knowing their loved ones will be taken care of according to their wishes.
Are there any statistics that highlight the importance of estate planning with a Trust?
According to a 2021 survey by Caring.com, over 60% of Americans do not have a will or trust in place. This underscores the critical need for individuals to prioritize their estate planning. Establishing a Revocable Living Trust can help ensure your assets are distributed according to your wishes and minimize potential family disputes.
What is the best way for our readers to learn more about Trusts and Estate Planning?
The Escondido Probate Law team is here to guide you through every step of the process. Contact us today for a free consultation, and let’s discuss how we can help you create a secure future for your loved ones.
“Steve Bliss and his team at Escondido Probate Law were incredibly helpful and understanding during a difficult time. They explained everything clearly and made sure I felt comfortable with every decision.”
– Mary S.
“I highly recommend Steve Bliss for any estate planning needs. He is knowledgeable, professional, and truly cares about his clients.”
– John D.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 Escondido Probate Law. Our probate attorney will probate the estate. Attorney probate at Escondido Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Escondido Probate law will petition to open probate for you. Don’t go through a costly probate call Escondido Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Escondido 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 Escondido Probate Law: https://maps.app.goo.gl/77Dm2B8W9XkM5YvJA
Address:
Escondido Probate Law720 N Broadway #107, Escondido, CA 92025
(760) 884-4044
Feel free to ask Attorney Steve Bliss about: “What is a pour-over will?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Escondido Probate Law
| Escondido Trust Lawyer |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Trust Lawyer Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Trust Lawyer |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Escondido Trust Lawyer |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Trust Lawyer Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |
| Credible Trust Lawyer in Escondido |
Escondido Probate Law 3914 Murphy Canyon Rd Suite A202, Escondido, CA 92123 (760) 884-4044 |