How much can you gift to anyone in 2025 without paying taxes?
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
Don’t Let Prop 19 Destroy Your Family’s Wealth
Concerned about potential massive tax increases on your $3.3M home? This video dives deep into how Prop 19 impacts your California real estate and estate planning. Discover how a $3.3 million home, purchased decades ago with a low assessed value, can lead to skyrocketing property taxes for your heirs. Learn why planning ahead is crucial to protect your family’s financial future. In this insightful video, Mark Gilfix from Gilfix Law explains how property tax reassessments can result in tens of thousands of dollars in annual increases. With Prop 19 offering limited protections, especially for high-value properties, failing to plan could financially burden your loved ones, potentially costing them millions over time. CHAPTERS: 0:00 – Prop 19: $3.3 Million Home Impact 2:42 – Prop 19: Rental Property Effects 5:20 – Thanks for Watching This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
Wills vs Trusts Which is Better?
Are you wondering about the differences between wills and trusts and how to avoid costly probate mistakes? Dive into this insightful video where estate planning expert Mark Gilfix unravels the complexities of wills vs. living trusts. Discover why having just a will might not be enough, especially if you own real estate or have significant assets. In this video, Mark explains: – The essential differences between wills and living trusts – Why a living trust can save your estate from lengthy and expensive probate – How living trusts offer privacy and protection for your family – The role of trustees and how they can assist you during your lifetime CHAPTERS: 00:00 – The Difference Between a Will and a Living Trust 00:38 – Why a Will Isn’t Enough 02:21 – How a Living Trust Helps After You Pass Away 04:34 – Stay Updated With Our Channel This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
The Catastrophic Cost of Ignoring Special Needs Planning
Are you worried about securing a future home for your disabled child? Planning for the long term, especially when it involves real estate and legal intricacies, can be overwhelming. This video dives deep into the crucial steps and common pitfalls in ensuring a safe, stable housing future for children with disabilities. We discuss the importance of estate planning, focusing on strategies to manage property taxes effectively under California’s Prop 19, and explore various housing options like group homes and supportive housing. Understand the legal landscape of California real estate, learn about property tax planning, and discover how to avoid massive property tax increases that can affect your plans. Our experts also share insights into personal experiences and professional advice on creating a secure environment for your child, emphasizing the need for comprehensive estate planning and a thorough understanding of property laws. Whether you’re considering setting aside a family home or looking into alternative housing solutions, this video is packed with essential information to guide you. CHAPTERS: 0:00 – Intro 0:08 – Planning Mistakes: Housing 1:06 – Property Tax Considerations 1:31 – Availability of Beds 2:29 – Group Home Difficulties 3:25 – Building Community Housing 4:47 – Budgeting for Rent 5:06 – Special Needs Trust Guide 5:25 – Outro This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
A story from one of my clients…
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
You have to take this estate planning step if you have young kids…
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
STOP! Don’t Make These Estate Planning Errors
Are you worried about the pitfalls of probate and how it might impact your family’s future? In this eye-opening video, our experienced estate planner reveals the top 3 estate planning mistakes you should NEVER make. Discover why just having a will can lead to costly and lengthy probate battles, the importance of creating protective trusts for your children, and the risks of adding your child’s name to your home’s title, especially in California real estate. Learn how to avoid probate and safeguard your assets by utilizing living trusts, understanding Prop 19’s implications, and navigating property tax reassessments. Our expert provides invaluable legal advice to help you make informed decisions about your estate planning. CHAPTERS: 00:00 – 3 Things I Would NEVER Do as an Estate Planner 00:09 – Just Have a Will 00:35 – Leave Anything Directly to Children 01:21 – Add a Child to Title for My Home This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
What is Discounting for Tax Purposes
Learn how discounting can be a powerful strategy to minimize your estate tax liability. Dive into the fundamentals and discover practical insights that can help you preserve more of your wealth for future generations. Watch now to gain a clearer understanding of discounting for estate tax purposes and take control of your financial legacy! #EstatePlanning #TaxStrategies #FinancialWisdom This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
You Have the Right to Make Decisions
Unlock the power of estate planning with this eye-opening video! Ageism and misconceptions about mental capacity shouldn’t hinder your right to make crucial decisions about your future. Join us as we delve into why age and physical health shouldn’t dictate your ability to plan your estate. Empower yourself with knowledge and take charge of your legacy today! This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source
Why giving your house to your child is a terrible idea…
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com source