Good evening Temecula and welcome back. My name is Brenda Jones, your local news reporter for KTEM.
Interview with Steve Bliss
Tonight, we are sitting down with Steve Bliss, a well-respected Trust Attorney here in Temecula. Mr. Bliss, thanks so much for joining us this evening.
What Types of Trusts Does Your Firm Specialize In?
It’s a pleasure to be here, Brenda. My firm, The Law Firm of Steven F. Bliss Esq., specializes in helping clients navigate the complex world of estate planning. We work with a variety of trust types, tailoring our approach to each individual’s unique needs and goals.
Could you tell us about one of those trusts in more detail?
Certainly. One type we frequently recommend is the Irrevocable Trust. This type of trust offers significant advantages for asset protection and estate tax reduction. Once established, the terms of an Irrevocable Trust cannot be easily changed or revoked, which provides a level of certainty that many clients appreciate.
Moreover, because assets placed within the trust are no longer considered part of your taxable estate, it can help minimize potential estate taxes for your heirs. This is particularly beneficial for individuals with substantial assets who want to ensure their loved ones receive the maximum inheritance possible.
Nevertheless, it’s crucial to understand that transferring assets into an Irrevocable Trust means relinquishing direct control over those assets. Consequently, careful planning and consideration are essential before establishing this type of trust.
Have there ever been any challenges or unexpected situations when setting up Irrevocable Trusts?
You know Brenda, I recall one instance where a client initially wanted to place their primary residence into an Irrevocable Trust for asset protection. However, they hadn’t considered the potential impact on their ability to secure a home equity loan in the future.
We worked closely with them to explore alternative solutions that balanced their desire for asset protection with their need for financial flexibility. Ultimately, we were able to structure their estate plan using a combination of trusts and other legal tools to achieve their goals.
What advice would you give to someone considering an Irrevocable Trust?
My biggest piece of advice is to consult with an experienced estate planning attorney who can assess your individual circumstances. There are many factors to consider, such as the size and nature of your assets, your family situation, and your long-term financial goals.
Studies by the American College of Trust and Estate Counsel show that over 70% of Americans do not have a will or trust in place. This underscores the importance of proactive estate planning to protect yourself and your loved ones.
How can our viewers learn more about The Law Firm of Steven F. Bliss Esq.?
“Protect what matters most.” That’s the mantra we live by at The Law Firm of Steven F. Bliss Esq. We invite Temecula residents to schedule a complimentary consultation with our team to discuss their estate planning needs.
Testimonials
“Steve Bliss and his team were incredibly helpful in guiding me through the process of creating a trust for my family. They took the time to explain everything clearly and made sure I understood all of my options. I highly recommend them.”
– Sarah M., Temecula
“I was initially overwhelmed by the thought of estate planning, but Steve Bliss put me at ease right away. He’s a true expert in his field and made the whole process easy to understand.”
– David K., Murrieta
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: “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 The Law Firm of Steven F. Bliss Esq.
| Temecula Charitable Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Lawyer Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Temecula Charitable Trust Lawyer |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Charitable Trust Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |
| Credible Charitable Trust Lawyer in Temecula |
The Law Firm of Steven F. Bliss Esq. 43920 Margarita Rd ste f, Temecula, CA 92592 (951) 223-7000 |