Meet the Expert
Hello Moreno Valley residents! I’m Brenda Johnson reporting for KMV News. Today we’re joined by estate planning expert, Steve Bliss of Moreno Valley Probate Law. Mr. Bliss, thank you so much for taking the time to speak with us.
The Importance of Naming Beneficiaries
Steve, could you explain why naming beneficiaries is such a crucial step in the estate planning process?
Certainly Brenda. Accurately designating your beneficiaries is fundamental to ensuring that your assets are distributed according to your wishes after you pass away. Without clear beneficiary designations, your estate will be subject to intestate succession laws, which may not align with your intentions. Consequently, this can lead to unintended consequences and potential family disputes.
Moreover, naming beneficiaries on specific accounts, such as life insurance policies and retirement accounts, overrides the instructions outlined in your will. It’s crucial to review and update these designations regularly, particularly after major life events like marriage, divorce, or the birth of a child.
Conversely, failing to name a beneficiary on these accounts can result in your assets going through probate, which is a lengthy and costly legal process.
I remember one instance where a client hadn’t updated their life insurance beneficiary after a divorce. When they passed away, the life insurance proceeds were intended for their ex-spouse. The situation was incredibly stressful for their children who felt their inheritance rights were being unjustly disregarded. Thankfully, we were able to resolve the matter amicably through careful negotiation and legal maneuvering.
It’s estimated that over 50% of Americans don’t have a valid will or trust in place (StatisticBrain Research Institute). This highlights the critical need for individuals to prioritize estate planning and ensure their assets are protected.
Taking Control of Your Future
Steve, thank you so much for sharing your expertise with us today. I know many Moreno Valley residents will find this information invaluable.
We encourage everyone to contact Moreno Valley Probate Law today to schedule a consultation and take the first step towards securing their future. Let Steve Bliss and his team guide you through the estate planning process so that you can have peace of mind knowing your loved ones are protected.
Testimonials
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly helpful and supportive during a difficult time. They made the probate process much easier to understand and navigate.”
– Sarah J., Moreno Valley Resident
“I highly recommend Moreno Valley Probate Law for their professionalism, knowledge, and compassion. Steve Bliss took the time to listen to my concerns and develop an estate plan that met my specific needs.”
– David M., Riverside Resident
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: “What is the role of a guardian in an estate plan?” 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 |