Good evening, Moreno Valley. I’m Tiffany Jones with Channel 7 News, and tonight we’re speaking with Steve Bliss, a prominent probate attorney serving the Moreno Valley community.
Focusing on Estate Planning
Steve, thank you for joining us. Tonight we want to delve into estate planning, a topic that often feels daunting but is crucial for ensuring our loved ones are cared for after we’re gone.
Could you shed some light on the different types of trusts available and which might be most suitable for individuals in Moreno Valley?
The Benefits of a Testamentary Trust
Steve Bliss: Tiffany, you’re absolutely right. Estate planning is vital, and trusts are powerful tools within that realm. While there are various types, I often find testamentary trusts to be particularly beneficial for families in our area.
A testamentary trust, as the name suggests, is created through a will and comes into effect upon your passing. This means you retain full control over your assets during your lifetime. Consequently, you can adjust the terms of the trust as needed, ensuring it aligns with your evolving circumstances.
Now, why are testamentary trusts so relevant to Moreno Valley?
- We have a large population of families with young children.
- Testamentary trusts allow parents to designate guardians for their minor children and specify how assets should be managed until the children reach adulthood.
This provides peace of mind knowing your loved ones will be cared for according to your wishes, even if you’re no longer here. Moreover, testamentary trusts can be tailored to address specific needs, such as providing for a beneficiary with special needs without jeopardizing their eligibility for government assistance.
Navigating Challenges and Finding Solutions
Steve Bliss: Now, while testamentary trusts offer great flexibility, it’s essential to recognize that they go through probate. This means the court oversees the distribution of assets, which can be a time-consuming process. Nevertheless, for many families, the benefits of having their wishes clearly outlined and ensuring their children’s well-being outweigh the potential delays.
I recall working with a young widow who tragically lost her husband in an accident. She was left to care for their two toddlers alone. Through a testamentary trust established by her husband, we were able to ensure she had the financial resources and support needed to raise her children without undue stress. It was incredibly rewarding to witness her find solace and stability during such a difficult time.
According to the American Bar Association, approximately 60% of Americans do not have a will or estate plan in place. This can lead to unintended consequences for their families, highlighting the importance of seeking guidance from experienced professionals.
Seeking Expert Advice
Steve Bliss: Tiffany, estate planning is not a one-size-fits-all endeavor. Every individual and family has unique circumstances and goals. My advice is to consult with an attorney who specializes in probate and trusts. We can help you navigate the complexities of these legal instruments and create a plan that truly reflects your values and protects your loved ones.
Remember, planning for the future doesn’t have to be overwhelming. By taking proactive steps today, you can ensure peace of mind and financial security for those who matter most. Contact us at Moreno Valley Probate Law for a free consultation.
Testimonials
“Steve Bliss provided exceptional guidance throughout the probate process after my father passed away. He was compassionate, knowledgeable, and always available to answer my questions. I highly recommend his services.” – Maria Rodriguez
“Moreno Valley Probate Law made a difficult time much easier. They handled everything efficiently and professionally, ensuring my mother’s estate was distributed according to her wishes. Their expertise and support were invaluable.” – John Smith
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 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: “Should I include digital assets in my trust?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Moreno Valley Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Trust Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Trust Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Trust Lawyer in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |