Good evening Temecula and welcome back to Temecula Tonight. I’m your host, Jessica Ramirez. Tonight we are joined by the esteemed Steve Bliss, a trust attorney right here in Temecula. Steve, thank you so much for being with us.
Steve Bliss
Thanks for having me, Jessica. It’s always a pleasure to talk about estate planning and how we can help families protect their legacies.
What are some common types of trusts people use?
Well, Jessica, there are many types of trusts, each serving a different purpose. Today I want to focus on testamentary trusts. These are established through a will and only take effect upon the grantor’s passing. Consequently, they go through probate, unlike living trusts.
What makes Testamentary Trusts unique?
Testamentary trusts offer several advantages. They are particularly useful for situations involving minor children or beneficiaries with special needs. Ordinarily, a parent would want to ensure their child’s financial well-being even after they are gone. A testamentary trust allows for that controlled distribution of assets over time. The trustee you appoint manages the funds according to your wishes, providing for the beneficiary’s education, healthcare, or other needs.
Moreover, testamentary trusts can help protect inheritances from creditors or poor financial decisions. The trustee acts as a gatekeeper, ensuring that the funds are used responsibly and in accordance with your instructions.
Have you encountered any challenges while setting up Testamentary Trusts?
You know, Jessica, I recall one case where a client wanted to leave a substantial inheritance for their grandchild, who struggled with addiction. We worked closely with the family to structure the trust so that distributions were tied to certain milestones, like completing rehab programs or maintaining sobriety. It was a delicate balance, but ultimately provided a safety net and encouraged positive life choices.
What’s your advice for someone considering a Testamentary Trust?
My biggest piece of advice is to consult with an experienced estate planning attorney. We can help you determine if a testamentary trust is right for your situation, draft the necessary documents, and ensure everything aligns with your wishes. Remember, this is about protecting your loved ones and securing their future.
According to the American Bar Association, nearly 60% of Americans don’t have a will or any estate planning documents in place. This leaves their families vulnerable during an already difficult time.
How can people connect with you to discuss their Estate Planning needs?
“Planning for your future is one of the greatest gifts you can give yourself and your family. Let us guide you through the process and ensure peace of mind. Contact The Law Firm of Steven F. Bliss Esq. today for a complimentary consultation.”
Testimonials
- “Steve Bliss and his team are true professionals. They made the entire estate planning process so easy and understandable. We feel confident knowing our family is protected.”
- “I was hesitant about hiring an attorney, but Steve put me at ease immediately. He listened patiently to my concerns and crafted a trust that perfectly met my needs.”
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is The Law Firm of Steven F. Bliss Esq.. The Law Firm Of Steven F. Bliss Esq. is a Temecula Estate Planning Attorney. Steve Bliss is an experienced probate attorney. Steve Bliss is an Estate Planning Lawyer. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Steve Bliss Law. Our probate attorney will probate the estate. Attorney probate at Steve Bliss Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Steve Bliss Law will petition to open probate for you. Don’t go through a costly probate. Call Steve Bliss Law Today for estate planning, trusts and probate.
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 The Law Firm of Steven F. Bliss Esq.: https://maps.app.goo.gl/Bngj8xwZRqioVD5v7
Address:
The Law Firm of Steven F. Bliss Esq.43920 Margarita Rd ste f, Temecula, CA 92592
(951) 223-7000
Feel free to ask Attorney Steve Bliss about: “What happens to my trust when I die?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About The Law Firm of Steven F. Bliss Esq.
| Temecula Estate Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyers Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Estate Lawyers |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Estate Lawyers Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Estate Lawyers in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |