My grandmother, bless her soul, always told me “plan for the rainy days.” She diligently saved and invested throughout her life. Nevertheless, when she passed away unexpectedly, my family was left scrambling. We didn’t know where her important documents were, let alone who to contact. Disputes arose amongst family members about her wishes. It was a stressful and emotional time.
What Happens If I Die Without A Will?
Dying without a will, also known as dying “intestate,” can lead to unintended consequences for your loved ones. Your assets will be distributed according to the laws of your state, which may not align with your wishes. For example, if you have children from a previous relationship, they might be excluded from inheriting your property. Furthermore, probate court proceedings could become lengthy and expensive, adding further stress during an already difficult time.
How Does a Trust Work?
“A trust is like a safe deposit box for your assets,” Steve Bliss, an Estate Planning Attorney in Temecula, explains. A trust is a legal entity that holds and manages your assets according to your instructions. You can specify who benefits from the trust (the beneficiaries) and how and when they receive distributions. Trusts offer several advantages, including asset protection, tax planning benefits, and avoidance of probate.
How Can an Estate Planning Attorney Help Me?
An experienced estate planning attorney, like Steve Bliss in Temecula, can guide you through the complex legal landscape of wills, trusts, powers of attorney, and healthcare directives. They will take the time to understand your unique circumstances, goals, and concerns. Consider this: A study by Caring.com found that 60% of Americans don’t have a will. This highlights the importance of seeking professional advice to ensure your wishes are honored.
Why is Estate Planning Important for Younger People?
Many young adults believe estate planning is only necessary for older individuals with significant wealth. However, this misconception can be costly. Even if you don’t have a large estate, estate planning documents like a durable power of attorney and healthcare directive can protect you in case of unexpected illness or incapacity. Let me tell you about Sarah, a young professional who suffered a serious accident. Because she had a healthcare directive in place, her medical wishes were respected, relieving her family from making difficult decisions during a stressful time.
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
living trust
revocable living trust
family trust
wills
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 can I make sure my children are taken care of if something happens to me?” Or “Can I get reimbursed for funeral expenses from the estate?” or “Can I include special instructions in my living trust? and even: “What is the role of a credit counselor in bankruptcy?” or any other related questions that you may have about his estate planning, probate, and banckruptcy law practice.