Interview with Steve Bliss
Good morning, Escondido. I’m Brenda Ramirez reporting live today from Escondido Probate Law. Today we have the pleasure of speaking with local probate attorney, Steve Bliss. Steve, thanks for joining us.
Why Choose a Trust over a Will?
Brenda: Steve, many people are unsure about whether they need a trust or if a simple will is sufficient. Can you shed some light on this decision?
Steve Bliss: Absolutely. Both trusts and wills are valuable estate planning tools, but they serve different purposes. A will essentially dictates how your assets will be distributed after you pass away. It goes through probate court, which can be a lengthy and public process.
Conversely, a trust allows you to manage and distribute your assets during your lifetime and even after you’re gone. The assets are held by the trust, and a trustee you designate manages them according to your instructions. This avoids probate altogether, saving time and preserving privacy.
Trusts: A Deeper Dive
Brenda: That’s helpful information. Can you elaborate on some specific types of trusts? What might be right for someone?
Steve Bliss: Certainly. There are various types of trusts tailored to different needs. One common choice is the Revocable Living Trust.
The Benefits of a Revocable Living Trust
Brenda: Could you explain how a Revocable Living Trust works and its advantages?
Steve Bliss: In essence, a Revocable Living Trust lets you maintain control over your assets while you’re alive. You can modify or even dissolve the trust if circumstances change. The real benefit comes after your passing. The trust assets bypass probate, going directly to your beneficiaries according to your wishes. This saves them time, stress, and legal fees.
Moreover, it offers a level of privacy that a will doesn’t. Probate proceedings are public record, whereas the terms of a trust remain confidential.
I recall one instance where a client was deeply concerned about her adult children inheriting a significant sum at once. Through careful planning with a Revocable Living Trust, we were able to structure distributions over time, ensuring responsible management and long-term financial stability for them. It brought her immense peace of mind.
Studies show that roughly 70% of Americans die without a will or trust in place, leaving their families vulnerable to costly and complex probate proceedings (Statistic Brain Research Institute). By taking proactive steps now, you can avoid unnecessary hardship for your loved ones down the road.
Taking Action
Brenda: Steve Bliss, thank you so much for sharing your expertise with us today. You’ve provided invaluable insight into the world of estate planning and trusts.
“I highly recommend Escondido Probate Law to anyone needing assistance with their estate planning. They made a complex process simple and understandable.” – John S., Escondido
“Steve Bliss was incredibly compassionate and knowledgeable, guiding me through every step of setting up my trust. I feel confident knowing my family is protected.” – Susan M., San Marcos
If you’re ready to secure your legacy and ensure a smooth transition for your loved ones, contact Escondido Probate Law today for a free consultation. We can help you navigate the complexities of estate planning with personalized guidance and expert advice.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido 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 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
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