Good evening San Diego and welcome back to our legal segment. Tonight we’re joined by esteemed probate attorney Steve Bliss of San Diego Probate Law. Steve, thanks for joining us.
Understanding Trusts: A Conversation With Steve Bliss
Steve, let’s dive right in. Many people are unfamiliar with the complexities of estate planning and trusts. Could you shed some light on what types of trusts are most common in California?
“Trusts are valuable tools for managing assets and ensuring they’re distributed according to your wishes,” Steve begins. “In California, revocable living trusts are incredibly popular. They offer flexibility during your lifetime, allowing you to manage the trust assets and make changes as needed. Moreover, a revocable living trust helps avoid the lengthy and often expensive probate process, which can be a burden on your loved ones.”
He continues, “Let’s say you want to leave a portion of your estate to your grandchildren but are concerned about them managing a large sum at a young age. A revocable living trust allows you to stipulate conditions for how and when they receive those assets, protecting their inheritance.”
The Pitfalls of Procrastination
“While trusts offer numerous benefits, I often see people procrastinate on setting one up,” Steve admits, leaning forward. He recounts a situation where a client delayed creating a trust until after the passing of a spouse. Consequently, the estate went through probate, incurring significant legal fees and delays in distributing assets to the beneficiaries. “That was a tough experience for the family,” he says, his voice tinged with empathy.
“According to a 2021 study by Caring.com, over 56% of Americans don’t have a will or estate plan. That’s a staggering number, and it highlights the importance of planning ahead.”
Protecting Your Legacy
Steve emphasizes that creating a trust is an act of love and responsibility towards your loved ones. It ensures your wishes are respected, minimizes potential conflicts, and provides financial security for those you care about most.
“At San Diego Probate Law, we guide our clients through every step of the process, making it as straightforward and stress-free as possible,” Steve concludes.
Testimonials
- “Steve Bliss and his team were incredibly helpful during a difficult time. They explained everything clearly and made sure I understood all my options.” – Maria S., San Diego
- “I highly recommend San Diego Probate Law. Steve is a compassionate and knowledgeable attorney who truly cares about his clients.” – John P., Carlsbad
Take control of your future and secure the well-being of your loved ones by reaching out to the experts at San Diego Probate Law for a comprehensive estate planning consultation.
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 Special Needs Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Special Needs Trust Attorney San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Special Needs Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Special Needs Trust Attorney |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Special Needs Trust San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Special Needs Trust Attorney in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |