Good evening, San Diego. I’m Maria Rodriguez, reporting live for Channel 7 News. Tonight, we’re joined by Steve Bliss, a renowned probate attorney here in San Diego. Mr. Bliss, thank you so much for joining us.
Steve Bliss: Thank You
It’s my pleasure to be here, Maria. I always appreciate the opportunity to share information about estate planning and probate law with the community.
Different Types of Trusts
Now, Steve, for our viewers who may not be familiar, can you explain some of the different types of trusts that people might consider incorporating into their estate plans?
Steve Bliss: Navigating Trust Options
Certainly. There are various types of trusts, each designed to serve specific purposes and meet individual needs.
One common type is a Revocable Living Trust. This allows the grantor, the person creating the trust, to maintain control over their assets during their lifetime while avoiding probate upon death. It’s a flexible option that provides privacy and can be modified as circumstances change.
The Power of Probate Avoidance
Moreover, using a revocable living trust often means your loved ones won’t have to endure the lengthy and costly process of probate court after your passing. Consequently, they can access their inheritance more quickly and with less stress.
- Avoiding probate can save your heirs considerable time and expense, allowing them to focus on grieving and moving forward.
- Probate proceedings are public record, meaning anyone can access information about your assets and beneficiaries. A trust keeps these matters private.
Studies have shown that the average probate case in California takes around 9-18 months to complete. Avoiding this process altogether through a well-crafted trust can be a significant benefit for your family.
Challenges and Triumphs
Steve, have you encountered any unique challenges when helping clients set up revocable living trusts?
Occasionally, I’ve worked with individuals who are hesitant to relinquish some control over their assets, even if it’s temporary. In one instance, a client expressed concern about potentially needing access to funds held in the trust for an unforeseen expense. We were able to address this by incorporating specific provisions into the trust document allowing for limited distributions in such situations.
It was gratifying to see her gain peace of mind knowing that both her wishes and her family’s financial security were protected.
Finding Peace of Mind
That’s a powerful story, Steve. For anyone looking for guidance on estate planning or probate matters, what would you recommend?
Steve Bliss: Seeking Expert Advice
I strongly encourage viewers to consult with an experienced probate attorney. They can help you determine the most appropriate type of trust for your situation and ensure that it’s properly drafted and executed.
Remember, estate planning is about protecting your loved ones and ensuring your wishes are honored. Don’t leave these important decisions to chance. Contact San Diego Probate Law today for a free consultation.
Testimonials
“Steve Bliss was an absolute lifesaver when I needed help navigating the probate process after my mother’s passing. He was compassionate, knowledgeable, and guided me through every step with clarity and professionalism.” – Sarah M.
“I highly recommend San Diego Probate Law to anyone needing assistance with estate planning. Steve took the time to understand my goals and created a customized plan that gave me peace of mind knowing my family would be taken care of.” – 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: “What taxes apply to trusts in California?” 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 |