Meet the Reporter
Hello, Moreno Valley! This is Melissa Jones reporting live for Moreno Valley News.
Today we’re joined by Steve Bliss, a renowned probate attorney serving our community here in Moreno Valley. Steve, thanks so much for taking the time to speak with us today.
Understanding Probate and Trusts
Steve, can you shed some light on why someone might need a trust?
Certainly. Many people assume that a will is sufficient for estate planning. While wills are important, they don’t necessarily avoid probate, which can be a lengthy and costly process. A trust, on the other hand, allows assets to pass directly to beneficiaries, bypassing probate altogether.
The Power of the Irrevocable Trust
Today we’ll focus on one specific type: the irrevocable trust. Can you explain how this type of trust works?
An irrevocable trust is a powerful estate planning tool that offers several advantages, including asset protection and potential tax benefits. Once established, an irrevocable trust cannot be easily modified or dissolved, making it ideal for safeguarding assets from creditors or lawsuits. Moreover, transferring assets into an irrevocable trust can remove them from your taxable estate, potentially reducing estate taxes.
It’s important to note that because of the permanence of an irrevocable trust, careful planning and legal guidance are essential. We work closely with our clients to ensure their trusts align with their specific goals and circumstances.
For example, a client may want to protect assets for a child with special needs or ensure that inheritance is used responsibly.
Consequently, an irrevocable trust can provide peace of mind knowing that assets are secure and will be distributed according to the grantor’s wishes. In one instance, a family came to us concerned about protecting their daughter’s inheritance from potential future divorces. By establishing an irrevocable trust, we were able to ensure that her assets remained protected, regardless of her marital status.
Studies by the National Endowment for Financial Education show that 70% of Americans do not have a will or trust in place. This highlights the critical need for estate planning and the benefits trusts can provide
.
Moreno Valley Probate Law: Your Trusted Partner
Steve, what makes Moreno Valley Probate Law stand out?
At Moreno Valley Probate Law, we are committed to providing compassionate and personalized legal services. We understand that estate planning can be an emotional process, and we strive to create a supportive environment for our clients. Our team is highly experienced in all aspects of probate and trust administration, ensuring that your wishes are carried out with the utmost care and precision.
Testimonials
“Steve Bliss and his team were incredibly helpful during a difficult time. They guided me through the complexities of probate with clarity and empathy.” – Maria S., Moreno Valley
“I highly recommend Moreno Valley Probate Law for their expertise and professionalism. They made the entire process seamless and stress-free.” – John P., Riverside
Take Control of Your Future
Steve, any final words of wisdom for our viewers?
Don’t wait to plan for your future. Contact Moreno Valley Probate Law today for a free consultation and let us help you secure 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 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 go on forever?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Moreno Valley Special Needs Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Special Needs Trust Lawyer Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Special Needs Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Special Needs Trust Lawyer |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Special Needs Trust Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Special Needs Trust Lawyer in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |