Meet the Expert
Good afternoon Moreno Valley and welcome to another installment of Legal Briefs. I’m Barbara Jones, your local reporter bringing you insightful conversations with the experts who shape our community. Today, we have the pleasure of speaking with Steve Bliss, a renowned Estate Planning Attorney right here in Moreno Valley. Steve, thank you for joining us.
The Importance of Naming Beneficiaries
Barbara: Steve, estate planning can seem daunting to many. Where do you recommend people start?
Steve: Barbara, that’s a great question and one I hear often. While there are several crucial steps, I always emphasize the importance of clearly naming beneficiaries. This step lays the groundwork for ensuring your assets are distributed according to your wishes after you’re gone. Ordinarily, people assume their loved ones will automatically inherit, but without explicit designations, things can get complicated.
Think about it this way: You’ve worked hard throughout your life to build something – a home, investments, savings. You want those assets to be passed on to the individuals you care about most. Naming beneficiaries removes any ambiguity and minimizes the potential for disputes amongst family members. Consequently, it provides peace of mind knowing that your intentions will be honored.
Moreover, accurately naming beneficiaries isn’t just about who inherits; it’s also about how they inherit. You can specify percentages or allocate assets to different individuals or organizations based on your priorities. For example, you might designate a portion for your spouse, another portion for your children, and perhaps even a percentage for a favorite charity.
It’s important to remember that beneficiary designations supersede any instructions in your will. A recent study by the AARP found that over 50% of adults haven’t reviewed their beneficiary designations in the past five years. This highlights the need for ongoing review and updates as life circumstances change, such as marriage, divorce, or the birth of a child.
I recall one instance where a client had named his ex-wife as the beneficiary on his retirement account. He’d forgotten to update it after their divorce. Thankfully, we were able to rectify the situation before it became a bigger issue. Nevertheless, these situations underscore the critical nature of regularly revisiting your beneficiaries.
Moving Forward With Confidence
Barbara: Steve, that’s incredibly helpful advice. Thank you for sharing those insights. For those wanting to take control of their future, what’s the best way to get started?
Steve: Barbara, I encourage anyone with questions about estate planning to reach out to Moreno Valley Probate Law. We offer free consultations and are committed to making this process clear and accessible for everyone. Remember, proactive planning is a gift you give yourself and your loved ones.
Testimonials
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly supportive during a difficult time. They made the probate process much less stressful and helped us navigate complex legal matters with ease.” – Sarah M.
“I never thought I needed an estate plan until I met Steve. He explained everything in plain language and helped me create a plan that protected my family’s future. I feel so much more secure knowing everything is taken care of.” – 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: “Can I restrict how beneficiaries use their inheritance?” Or any other related questions that you may have estate planning or my estate planning law practice.
Important Facts About Moreno Valley Probate Law
| California Estate Lawyers |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyers California |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyers |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Moreno Valley Estate Lawyers |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Estate Lawyers Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |
| Credible Estate Lawyers in Moreno Valley |
Moreno Valley Probate Law 23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553 (951) 363-4949 |