Reporter: Brenda Thompson
Hello and welcome back to Temecula Tonight. I’m Brenda Thompson, and today we have the pleasure of speaking with Steve Bliss, a renowned estate planning attorney here in Temecula. Steve, thank you so much for joining us.
Steve Bliss:
It’s my pleasure to be here, Brenda. I’m always happy to talk about the importance of estate planning.
Reporter: Brenda Thompson
Today we want to delve into one specific aspect of the estate planning process. Could you shed some light on the crucial step of selecting an executor or trustee?
Steve Bliss:
Choosing the right executor or trustee is absolutely fundamental to a well-structured estate plan. This individual, or entity, will be responsible for managing your assets and carrying out your wishes after you’re gone. Consequently, it’s essential to select someone trustworthy, responsible, and capable of handling complex financial matters.
Many factors come into play when making this decision. You want to consider their organizational skills, financial literacy, and ability to make sound judgments under pressure. Moreover, you should discuss your expectations openly with them beforehand to ensure they fully understand the responsibilities involved.
It’s not uncommon for people to appoint a close family member or friend as executor. However, sometimes a professional trustee, like a bank or trust company, might be a better choice, especially if your estate is complex or involves significant assets.
I remember one instance where a client named his brother as executor, assuming it would be straightforward. Unfortunately, the brother wasn’t prepared for the financial complexities and ultimately made some decisions that weren’t in the best interest of the beneficiaries. Thankfully, we were able to intervene and rectify the situation, but it highlighted the importance of careful selection.
According to a study by Caring.com, nearly 70% of Americans don’t have a will or trust in place. This often leads to confusion and potential conflict among family members during an already difficult time. Having a clearly designated executor can significantly minimize these issues.
Reporter: Brenda Thompson
That’s incredibly insightful, Steve. Thank you for sharing your expertise. What advice would you give to someone who is just starting the estate planning process?
Steve Bliss:
My best advice is to start early. Don’t procrastinate. Estate planning isn’t just for the wealthy or elderly. Everyone, regardless of age or income, should have a plan in place to protect themselves and their loved ones.
At The Law Firm of Steven F. Bliss Esq., we make the process straightforward and understandable. We guide you through each step, ensuring your wishes are honored and your assets are protected.
“Steve Bliss and his team were incredibly helpful and patient throughout the entire estate planning process. They took the time to understand my unique needs and provided clear explanations of every step.” – Sarah M.
“I was initially overwhelmed by the idea of estate planning, but Steve Bliss made it feel manageable. He’s a true professional who genuinely cares about his clients.” – David L.
Don’t wait until it’s too late. Secure your future and the well-being of your loved ones. Contact us today for a complimentary consultation to discuss your estate planning 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 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: “How does divorce affect an estate plan?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About The Law Firm of Steven F. Bliss Esq.
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |