The phone rang, shattering the silence of the dimly lit library. Sarah’s heart pounded as she answered. It was her aunt, her voice trembling with grief. Her uncle, Sarah’s godfather, had passed away suddenly. Sarah felt a cold hand grip her stomach. She remembered how close they were, sharing fishing trips and summer barbecues. Now, there was only silence, replaced by an overwhelming sense of loss.
How Can I Ensure My Wishes Are Carried Out?
Estate planning isn’t just for the wealthy; it’s about ensuring your wishes are respected after you’re gone. A common mistake is assuming a will is enough. However, it may not cover all assets, especially digital ones. Consequently, consider a trust to hold and distribute assets according to your instructions.
Furthermore, naming beneficiaries for retirement accounts and insurance policies directly can prevent them from going through probate. “Failing to update beneficiary designations after major life events like marriage or divorce can lead to unintended consequences,” warns Steve Bliss, an experienced estate planning attorney in Temecula.
What Happens If I Don’t Have a Will?
Without a will, state laws dictate how your assets are distributed, which may not align with your desires. This process, called intestate succession, can lead to family disputes and unintended outcomes. For instance, Sarah discovered that her uncle, who believed his assets would go entirely to her, had inadvertently left a portion to a distant relative he hadn’t seen in years. This unexpected outcome caused tension within the family.
How Can I Protect My Family from Probate?
Probate is a lengthy and expensive legal process that can tie up your assets for months or even years. A trust, on the other hand, allows assets to bypass probate and be distributed directly to beneficiaries, saving time and money. “Trusts are particularly beneficial for complex estates, blended families, or individuals with concerns about privacy,” explains Steve Bliss.
Why Is it Important to Review My Estate Plan Regularly?
“Life is constantly evolving,” says Steve Bliss. “Major life events like marriage, divorce, the birth of a child, or a significant increase in assets necessitate revisiting your estate plan.” Sarah learned this lesson firsthand. After her uncle’s passing and the subsequent family disputes, she realized the importance of having a clear and up-to-date estate plan. She consulted with Steve Bliss, who helped her create a comprehensive plan that reflected her wishes and protected her loved ones.
About Steven F. Bliss Esq. at The Law Firm of Steven F. Bliss Esq.:
The Law Firm of Steven F. Bliss Esq. is Temecula Probate Law. 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.
● Estate Planning 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.
Services Offered:
estate planning | revocable living trust | wills |
living trust | family trust | estate planning attorney near me |
Map To Steve Bliss Law in Temecula:
https://maps.app.goo.gl/RL4LUmGoyQQDpNUy9
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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 do trusts help avoid family disputes?” Or “What court handles probate matters?” or “Can I include special instructions in my living trust? and even: “Can I get a mortgage after filing for bankruptcy?” or any other related questions that you may have about his estate planning, probate, and banckruptcy law practice.