Good evening, Moreno Valley and welcome back to our legal segment. I’m Tiffany Jones, bringing you valuable insights on local legal matters. Tonight, we have the privilege of speaking with renowned probate attorney Steve Bliss from Moreno Valley Probate Law. Steve, thank you so much for joining us.
Probate and Trusts: Simplifying Estate Planning
Steve, could you shed some light on trusts and why they are an essential component of estate planning?
Certainly, Tiffany. Trusts are powerful legal tools that allow individuals to manage and distribute their assets according to their wishes. They play a crucial role in avoiding probate, which can be a lengthy and costly process. Moreover, trusts offer privacy as the terms are not publicly available unlike wills.
Focusing on Special Needs Trusts
Tonight we’re going to dive into special needs trusts. Can you explain what they are and who would benefit from them?
A special needs trust (SNT) is specifically designed for individuals with disabilities. Ordinarily, a beneficiary receiving government benefits like Supplemental Security Income (SSI) or Medi-Cal faces limitations on the assets they can possess without jeopardizing their eligibility.
An SNT allows family and friends to contribute funds without affecting these vital benefits. The trust holds the assets and uses them for supplemental care, education, recreation, and other needs that enhance the individual’s quality of life. Consequently, it provides peace of mind knowing the beneficiary will have ongoing support while maintaining eligibility for essential government programs.
I’ve seen firsthand how an SNT can transform lives. I recall a case where a young woman with cerebral palsy received a sizable inheritance. Without an SNT, she would have lost her SSI and Medi-Cal benefits. We established a third-party SNT funded by her family, ensuring she continued to receive the care she needed while enjoying a degree of financial independence.
According to the Special Needs Alliance, over 6 million Americans rely on SSI for essential support. For families facing these challenges, an SNT can be a lifeline, providing a mechanism to safeguard their loved ones’ future without jeopardizing critical benefits.
Seeking Legal Expertise
Steve, what advice would you give to our viewers who are considering setting up a trust?
I strongly encourage anyone interested in estate planning to consult with an experienced probate attorney. We can assess your individual circumstances, goals, and concerns to recommend the most suitable trust type. At Moreno Valley Probate Law, we prioritize personalized service and guide our clients through every step of the process.
Testimonials
“Steve Bliss was incredibly patient and understanding when helping me navigate the complexities of setting up a special needs trust for my son. His expertise gave me confidence that my son would be well-cared for in the future.” – Susan M.
“Moreno Valley Probate Law made what seemed like an overwhelming process surprisingly straightforward. They clearly explained all our options and ensured we understood the implications of each decision.”
Let Moreno Valley Probate Law guide you towards a secure future. Contact us today to explore how we can tailor a trust solution to meet your unique needs.
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: “What if I have property in another state?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
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