Choosing the Right Type of Trust for Your Needs
Good evening, San Diego! I’m Tiffany Jones, your local news reporter, and tonight we’re talking about estate planning with Steve Bliss, a well-respected probate attorney here in San Diego.
Steve, thank you so much for joining us. Estate planning can seem daunting for many people. What are some of the key considerations when deciding on the best type of trust?
The Advantages of Revocable Living Trusts
Well, Tiffany, there are several types of trusts, each serving different purposes. One of the most common and versatile is the revocable living trust. It allows individuals to maintain control over their assets during their lifetime while also avoiding probate upon their passing. This means their assets can be distributed to beneficiaries more quickly and privately.
Consequently, a revocable living trust offers both flexibility and peace of mind. You can modify the terms as your circumstances change, and you know that your loved ones won’t face the delays and public scrutiny associated with probate court. Moreover, it’s an excellent tool for asset protection in certain situations.
Ordinarily, we see clients using revocable living trusts to protect assets from potential creditors or lawsuits. However, this is not a foolproof method, as some legal challenges may still arise depending on the specific circumstances. Nevertheless, it remains a valuable option for many seeking a degree of financial security.
I recall a situation where a client had accumulated significant wealth through their business but was concerned about potential liability from unforeseen events. We established a revocable living trust, shielding a portion of their assets while still allowing them to access and manage those funds during their lifetime. This gave them a sense of relief knowing that their hard-earned wealth would be protected to some extent.
Studies have shown that approximately 70% of Americans do not have a will or trust in place (Source: Caring.com). This highlights the crucial need for estate planning and the benefits of seeking professional legal guidance from experts like myself.
Contact Us Today
Planning for your future can be overwhelming, but it doesn’t have to be. Contact us today for a free consultation and let our experienced team help you navigate the complexities of estate planning with confidence.
Testimonials
“Steve Bliss and his team were incredibly helpful in guiding me through the process of setting up a trust. They explained everything clearly and patiently, ensuring I understood all my options.” – Susan M., San Diego
“I was initially apprehensive about estate planning, but Steve made the entire experience stress-free. He’s knowledgeable, compassionate, and truly cares about his clients’ well-being.” – John P., Carlsbad
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: “Do I need a trust if I already have a will?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About San Diego Probate Law
| San Diego Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| San Diego Trust Lawyer |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Trust Lawyer San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |
| Credible Trust Lawyer in San Diego |
San Diego Probate Law 3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123 (858) 278-2800 |