Interview with Brenda Jones, Moreno Valley Gazette
Today we have the pleasure of speaking with Steve Bliss, a renowned estate planning attorney here in Moreno Valley, California. Steve, thanks for joining us.
Understanding the Importance of Naming Beneficiaries
Steve, many people might not realize how crucial it is to carefully name their beneficiaries when setting up an estate plan. Can you elaborate on why this step is so important?
Certainly, Brenda. Naming your beneficiaries is absolutely fundamental to ensuring your assets are distributed according to your wishes after you pass away. Without clear beneficiary designations, the distribution of your property will be determined by state law, which may not align with your intentions.
Conversely, when you clearly identify who should inherit what, you avoid potential disputes among family members and ensure that your loved ones are taken care of. Moreover, naming contingent beneficiaries provides a safety net in case your primary beneficiary predeceases you. For example, if you name your spouse as the primary beneficiary of your retirement account and they pass away before you, a contingent beneficiary, such as your child, will inherit those funds.
According to a study by Caring.com, nearly 60% of Americans do not have a valid will or trust in place. This means their assets are subject to intestate succession laws, which can result in unintended consequences and family conflict.
I remember one instance where a client hadn’t updated his beneficiary designations after a divorce. Consequently, his ex-wife remained the named beneficiary of his life insurance policy. This created a great deal of distress for his current spouse and children, who rightfully felt they should have inherited those funds.
Moving Forward With Your Estate Planning Needs
Steve, thank you so much for sharing your expertise. Clearly, estate planning is not something to be overlooked. How can our readers get in touch with you and Moreno Valley Probate Law to begin the process?
It’s my pleasure, Brenda. I encourage anyone who wants to protect their loved ones and ensure their wishes are carried out to contact us at Moreno Valley Probate Law. We offer a free initial consultation, where we can discuss your individual needs and goals and create an estate plan tailored to your circumstances.
Testimonials
“Steve Bliss and his team were incredibly helpful and understanding during a difficult time. They made the probate process much smoother than I anticipated.” – Maria S.
“Moreno Valley Probate Law provided clear and concise guidance throughout my estate planning journey. I feel confident knowing that my family is protected.”
– David L.
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 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 do I retitle accounts in the name of a trust?” 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 | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |