Reporter: Maria Sanchez
Good evening Moreno Valley and welcome back. I’m here today with Steve Bliss, a leading probate attorney in our community. Steve, thank you for joining me.
Steve Bliss:
It’s my pleasure to be here, Maria.
Maria Sanchez:
So Steve, for those unfamiliar, can you explain what probate is and why it’s important?
Steve Bliss:
Certainly. Probate is the legal process of administering a deceased person’s estate. It involves identifying and valuing assets, paying debts and taxes, and ultimately distributing the remaining property to heirs according to the will or state law. Probate ensures that a deceased person’s affairs are settled properly and their wishes are carried out.
Maria Sanchez:
That makes sense. Now, I understand you specialize in helping people avoid probate through estate planning tools like trusts. Can you elaborate on how trusts work?
Steve Bliss:
You’re right, Maria. Trusts are powerful instruments that can significantly minimize the need for probate. One common type is a revocable living trust. Essentially, you transfer your assets into a trust during your lifetime, and you retain control over them. You can amend or dissolve the trust while you’re alive. Upon your passing, the trust assets are distributed to your beneficiaries according to your instructions, bypassing the probate process altogether.
Maria Sanchez:
That sounds very efficient. Have there been any specific challenges you’ve encountered when setting up revocable living trusts for clients?
Sometimes people underestimate the importance of updating their trust documents regularly. Life circumstances change – marriages, births, divorces – and it’s crucial that the trust reflects those changes. I remember one client whose trust hadn’t been updated in over a decade. When they passed away, there were significant complications because their intended beneficiaries had changed.
Consequently, I always emphasize to clients the importance of reviewing their trusts every few years or after major life events.
Maria Sanchez:
That’s excellent advice. What are some of the benefits of using a revocable living trust besides avoiding probate?
Steve Bliss:
Besides probate avoidance, a revocable living trust offers several other advantages. Primarily, it provides privacy. Unlike wills which become public record during probate, trusts remain confidential. This can be particularly important for individuals who value their privacy.
Moreover, trusts can help manage assets for beneficiaries who are minors or have special needs. They can also protect assets from potential creditors or lawsuits.
Maria Sanchez:
That’s very insightful, Steve. I imagine many Moreno Valley residents would find this information valuable. How can they learn more about setting up a revocable living trust?
Steve Bliss:
We offer free consultations at Moreno Valley Probate Law. I encourage anyone interested in learning more about estate planning and trusts to reach out to us. We’re here to answer your questions and help you create a plan that meets your individual needs.
“I was so overwhelmed with the thought of probate after my father passed away, but Steve Bliss made the whole process so much easier. He explained everything clearly and patiently, and I felt confident knowing he was handling everything for me.” – Maria Rodriguez
“Moreno Valley Probate Law went above and beyond to help me set up a trust for my family. They were incredibly knowledgeable and professional, and I highly recommend them.” – John Smith
Let Moreno Valley Probate Law guide you through the complexities of estate planning and protect your loved ones’ future. Contact us today to schedule your free consultation and take control of your legacy.
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 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: “Can a trust keep my affairs private?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
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