Reporter: Brenda Thompson
Good morning, Moreno Valley residents! Today we’re joined by local estate planning attorney Steve Bliss of Moreno Valley Probate Law to discuss a topic many of us might find intimidating or put off until later: Estate planning. Steve, thank you for joining us.
Steve Bliss:
It’s my pleasure to be here, Brenda. Estate planning is something everyone should consider, regardless of age or financial status. It’s about ensuring your wishes are honored and your loved ones are protected after you’re gone.
Brenda Thompson:
Absolutely. Many people might not realize the importance of estate planning. Could you explain one key step in the process?
Steve Bliss:
One crucial step is naming beneficiaries. It seems straightforward, but it’s essential to clearly identify who will inherit your assets and how they should be distributed. For instance, if you have a retirement account or life insurance policy, you’ll need to designate beneficiaries for those specific accounts. Without named beneficiaries, these assets could end up in probate court, leading to delays and potential disputes.
Moreover, consider the complexities of blended families or situations involving minor children. You want to ensure your assets are distributed according to your wishes, providing for your loved ones in a way that aligns with your values. Ordinarily, individuals name spouses, children, or other close relatives as beneficiaries. Nevertheless, it’s vital to communicate your intentions openly with your family and update beneficiary designations periodically.
In fact, a study by Caring.com found that 60% of Americans don’t have a will or estate plan in place. This highlights the importance of taking action and discussing these matters with trusted advisors like myself.
Brenda Thompson:
That’s a startling statistic! Have you encountered any challenges related to beneficiary designations during your practice?
Steve Bliss:
There was a case I handled involving a man who had been divorced twice. He hadn’t updated his beneficiary designations on several accounts, leaving everything to his first wife. His children from his second marriage were understandably upset. It caused significant strain during an already difficult time. We were able to work through it legally, but the situation could have been avoided with proper planning and communication.
Brenda Thompson:
That underscores the importance of clear and up-to-date beneficiary designations. Thank you for sharing that insight, Steve. Where can our viewers learn more about estate planning services?
Steve Bliss:
You can visit our website at [Moreno Valley Probate Law Website] or call us directly to schedule a free consultation. We’re dedicated to helping Moreno Valley residents navigate the complexities of estate planning and ensure peace of mind for you and your loved ones.
“Steve Bliss was incredibly patient and knowledgeable, walking me through every step of setting up my trust. He made a potentially overwhelming process feel manageable.” – Maria S., Moreno Valley
“I highly recommend Moreno Valley Probate Law. They were professional, compassionate, and truly cared about my family’s needs during a difficult time.” – David L., Moreno Valley
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 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: “How can I minimize estate taxes?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About Moreno Valley Probate Law
- Special Needs Trust Attorney
- Spendthrift Trust Attorney
- Tax By-Pass Trust Attorney
- Totten Trust Attorney
- Constructive Trust Attorney
- Charitable Trust Attorney
- Asset Protection Trust Attorney
- Irrevocable Trust Attorney
- Revocable Trusts Attorney
- Living Trust Attorney