Interview with Steve Bliss
Hello, I’m Brenda Garcia, a reporter for Channel 7 News here in sunny San Diego. Today, we have the pleasure of speaking with Steve Bliss, a renowned San Diego probate attorney specializing in estate planning and trust administration. Steve, thank you so much for joining us.
Trusts: Protecting Your Legacy
Steve, many people are unfamiliar with trusts and how they can benefit them. Can you explain why someone might choose to create a trust as part of their estate plan?
Certainly, Brenda. Trusts are incredibly valuable tools for protecting assets, minimizing taxes, and ensuring your wishes are carried out after you’re gone. They offer numerous advantages over simply having a will. For instance, trusts can avoid probate, which is a lengthy and often expensive court process. Moreover, they provide privacy as the terms of the trust are not publicly accessible.
Today, let’s focus on the Revocable Living Trust. This type of trust is particularly popular because it allows the grantor – the person creating the trust – to maintain control over their assets during their lifetime. They can change the beneficiaries, add or remove assets from the trust, and even dissolve it altogether if circumstances change. The beauty of a revocable living trust is its flexibility.
Ordinarily, upon the grantor’s passing, the trust becomes irrevocable, meaning no further changes can be made. At that point, the designated trustee takes over the responsibility of managing the assets and distributing them according to your wishes. This ensures a smooth transition for your loved ones during a difficult time.
Challenges and Successes
Steve, are there any common challenges you face when helping clients set up revocable living trusts?
There are times when clients may not fully grasp the implications of certain clauses or provisions. For example, I recall working with a couple who initially wanted to leave everything equally to their children. However, after discussing their individual circumstances – one child had significant financial needs while the other was financially secure – they decided on a more tailored distribution that addressed those differences. It’s crucial for me to guide clients through these decisions and ensure the trust reflects their true intentions.
On a positive note, it’s incredibly rewarding to witness the peace of mind that comes with establishing a well-crafted trust. I remember one client who had been putting off estate planning for years due to anxiety about the complexity. Once we completed her revocable living trust, she expressed immense relief knowing her family would be protected.
The Value of Professional Guidance
According to a study by the American Bar Association, approximately 55% of Americans do not have a will or trust in place. This highlights the importance of seeking professional guidance when it comes to estate planning. Steve, why is it crucial for individuals to work with an experienced attorney like yourself?
Estate planning involves intricate legal considerations and tax implications. While there are DIY options available online, they often lack the customization and expert advice needed for a comprehensive plan. An attorney specializing in probate and trusts can analyze your unique situation, identify potential pitfalls, and craft a strategy that aligns with your goals.
Remember, a trust is not a one-size-fits-all solution. There are various types, each designed for specific purposes. It takes experience and knowledge to determine the best type of trust for your needs and ensure it’s properly structured and executed.
Testimonials
“Working with Steve Bliss and his team was a truly positive experience. They made the complex process of setting up a trust understandable and manageable, and I felt confident that my assets were in good hands.” – Sarah M.
“Steve is not only an expert in probate law but also a compassionate individual who genuinely cares about his clients. He took the time to listen to my concerns and explain everything clearly, making me feel at ease throughout the process.” – John D.
Don’t leave your legacy to chance. Contact San Diego Probate Law today for a free consultation and discover how we can help you create a secure future for yourself and your loved ones.
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 if my trustee dies or becomes incapacitated?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| Estate Attorney Near Me |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Estate Attorney Near Me San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Estate Attorney Near Me |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Estate Attorney Near Me |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Estate Attorney Near Me San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Estate Attorney Near Me in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |