Good morning, San Diego! Today, we’re joined by Steve Bliss, a leading probate attorney here in San Diego. Mr. Bliss specializes in estate planning and has helped countless families navigate the complex legal landscape of wills, trusts, and probate.
Choosing The Right Trust for Your Needs
Steve, thank you so much for joining us. Let’s talk about trusts. There are many different types available, each with its own advantages and disadvantages. For someone just starting to think about estate planning, what would be a good first step?
“It’s fantastic to be here. You’re right, the world of trusts can seem overwhelming at first. Ordinarily, I recommend clients start by considering a revocable living trust. It’s incredibly versatile and allows you to maintain control over your assets during your lifetime while avoiding probate after your passing.
A revocable living trust lets you specify exactly how your assets will be distributed upon your death. Moreover, it offers privacy, as the terms of the trust aren’t part of public record like a will. Consequently, this can be a significant advantage for individuals who value discretion.”
Challenges with Revocable Living Trusts
That sounds incredibly helpful. Are there any potential drawbacks to a revocable living trust?
“While revocable living trusts are generally excellent tools, they’re not without their complexities. Setting up a trust requires careful planning and attention to detail. It’s crucial to work with an experienced attorney who understands California law and can tailor the trust to your specific needs. “I remember one case where a client tried to set up a trust on his own using online templates. Unfortunately, he made some critical errors that could have resulted in significant tax implications for his heirs.
Fortunately, we were able to identify and correct those mistakes before it was too late. This experience underscores the importance of seeking professional guidance when dealing with estate planning matters.”
Finding Peace of Mind
“According to a recent study by the American Bar Association, over 60% of Americans don’t have a will or trust in place. This can leave their loved ones facing significant financial and legal challenges after their passing.
Creating a well-structured estate plan brings peace of mind knowing your wishes will be honored and your family is protected. ”
Taking the Next Step
Steve, thank you for sharing your insights today. For our viewers who are interested in learning more about trusts or other estate planning tools, how can they get started?
“I encourage anyone with questions to reach out to San Diego Probate Law. We offer free consultations and are passionate about helping individuals create secure futures for themselves and their families.”
Testimonials
“Steve Bliss made the probate process so much easier than I expected. He was patient, understanding, and always available to answer my questions.” – Mary S.
“I was initially overwhelmed by the prospect of estate planning, but Steve put me at ease right away. He explained everything clearly and helped me develop a plan that met all of my needs.”- John P.
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: “How do beneficiaries get assets from 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
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |