Introduction
Good morning San Diego and welcome back to Legal Matters. Today, we’re joined by esteemed probate attorney Steve Bliss of San Diego Probate Law. Steve, thank you for joining us.
Selecting an Executor or Trustee: A Crucial Step in Estate Planning
Steve, many people find estate planning daunting. What are some key steps individuals should consider when creating their estate plan?
“One of the most critical steps is selecting a trustworthy executor or trustee,” Steve explains. “This individual will be responsible for managing your assets and ensuring your wishes are carried out after your passing.”
He continues, “Consequently, choosing someone reliable, organized, and capable of handling complex financial matters is paramount. It’s often a good idea to discuss this responsibility with potential candidates beforehand to ensure they understand the commitment involved. Moreover, it’s crucial to consider their personal circumstances and whether they have the time and resources to effectively fulfill the role.”
“Remember,” Steve emphasizes, “an executor or trustee will be entrusted with significant responsibilities, including paying debts, filing taxes, distributing assets according to your wishes, and potentially managing trusts for beneficiaries. Ordinarily, family members are chosen, but sometimes a professional fiduciary, such as a trust company or bank, may be a better option.”
He adds, “I once had a client who initially chose a close friend as executor, only to realize later that their friend was going through financial difficulties and wouldn’t have been able to handle the complexities of the estate. Thankfully, we were able to work together and find a suitable alternative before any issues arose.”
“Studies show that nearly 70% of Americans do not have a will or trust in place,” Steve notes. “This lack of planning can lead to unnecessary stress and complications for loved ones during an already difficult time.”
Contact Us
Safeguard your legacy and ensure your wishes are honored. Reach out to San Diego Probate Law today for expert guidance on all your estate planning needs.
Testimonials
“Steve Bliss made the entire probate process so much easier for me. He was incredibly knowledgeable, compassionate, and always available to answer my questions. I highly recommend his services.”
-Sarah M., San Diego
“San Diego Probate Law provided exceptional service during a challenging time. Their team was professional, efficient, and truly went above and beyond to support me and my family.”
-John D., La Jolla
About Steven F. Bliss Esq. at San Diego Probate Law:
Secure Your Family’s Future with San Diego’s Trusted Estate Planning Attorney. Minimize estate taxes with stress-free Probate. We craft wills, trusts, & customized plans to ensure your wishes are met and loved ones protected.
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 San Diego Probate Law:
Address:
San Diego Probate Law3914 Murphy Canyon Rd, San Diego, CA 92123
(858) 278-2800
Map Link: https://g.co/kgs/WzT6443
Feel free to ask Attorney Steve Bliss about: “What happens to jointly owned property in estate planning?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About San Diego Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |