The Big 3 Documents You Need for a Secure Future
Are you concerned about securing your future and protecting your assets after a serious diagnosis? Gilfix Law is here to guide you through the essential steps of estate planning, focusing on “The Big 3 Documents You Need for a Secure Future.” This video provides an invaluable overview of the crucial documents that everyone should have: a Revocable Living Trust, a Durable Power of Attorney for Finances, and an Advanced Healthcare Directive. Each plays a pivotal role in ensuring your wishes are respected and your family is safeguarded, especially in light of property laws, Prop 19 implications, and potential changes in California real estate and estate planning. Discover why updating these documents is critical, especially after a serious medical diagnosis, and how a Family Protection Trust can further secure your legacy for future generations. Learn the stark differences between a trust and a will, and why the former is a more efficient, private, and cost-effective solution for asset management and distribution. Plus, understand the importance of a Durable Power of Attorney for seamless financial management and an Advanced Healthcare Directive for medical decision-making in challenging times. CHAPTERS: 0:00 – Essential Estate Planning Documents 0:39 – Trust vs Will: Estate Planning Essentials 3:12 – Understanding Power of Attorney 6:00 – Advance Healthcare Directive Explained 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 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
Estate Tax Secrets: Save Millions Before 2025!
Unlock the secrets of estate tax planning before it’s too late! With the looming 2025 deadline, understanding how to save millions with effective strategies is crucial. This video delves into essential estate tax secrets that can safeguard your assets and legacy. Gilfix Law shares insights on powerful tools like the Spousal Lifetime Access Trust (SLAT), Family Protection Trusts, and more, offering a unique perspective on how to maximize your estate’s value while minimizing taxes. Learn the impact of Prop 19 on California real estate and property taxes, and explore sophisticated methods like charitable remainder trusts and life insurance trusts. #protectassetsfromlawsuit #offshoreassetprotectiontrust #estatetax #hideassetsfromcreditors #wealthtransfer CHAPTERS: 00:00 – Intro 00:40 – Estate Tax Planning Investment Benefits 03:50 – Spousal Lifetime Access Trust (SLAT) Explained 07:29 – Discounting in Estate Tax Planning 09:03 – Effective Estate Planning Strategies 10:25 – Contact Gilfix & La Poll 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
Navigating 2024: Crucial Estate Planning Updates Revealed!
Welcome to our latest video on Estate Planning, where we delve into the critical updates for 2024. Join us as we discuss the changes affecting Medi-Cal and Long Term Care rules, the latest developments in Estate and Gift regulations, updates on Retirement Accounts, insights into California Property Tax issues, and crucial planning deadlines to keep on your radar. Plus, we’ll provide you with a comprehensive planning checklist outlining the essential steps to take in the new year. Stay informed and ensure your estate plan is up-to-date for 2024. Watch now for invaluable insights! Chapters 0:00 Introduction 4:35 Changes in 2024 7:23 Updated Medi-Cal, Long Term Care Rules 13:38 Estate and Gift Rules 24:00 Retirement Account Updates 25:18 CA Property Tax Issues 37:02 Crucial Planning Deadlines on the Horizon 38:46 Planning Checklist: Steps to Take 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
Choosing Trustees: The Key to Your Child’s Future
Are you overwhelmed by the prospect of choosing a trustee for your child’s future? This video unravels the complexities of selecting a trustee for a Special Needs Trust, a crucial decision that impacts your child’s life and financial wellbeing. As we delve into estate planning, property laws, and the intricate role of a trustee, discover why this choice is not about love or seniority, but about responsibility and attentiveness. Learn about potential trustee options, from family members and close friends to professional fiduciaries and financial institutions. We also explore compensation structures, ensuring trustees are fairly rewarded for their efforts. #trustadministration #specialneedstrustsexplained #specialneedstrust #howtosetupaspecialneedstrustfund #trusteeresponsibilities CHAPTERS: 00:00 – What is a Trustee 00:08 – Importance of Choosing Right Trustee 03:59 – Trustee Compensation and Payment 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
5 Years Ago | Worst Call of my Life
Join me in a journey of resilience and triumph as I reflect on the moment five years ago when I received the worst call of my life: a cancer diagnosis. Today, I am overjoyed to share that I am cancer-free and celebrating this incredible milestone. Through perseverance, support, and medical advancements, I’ve overcome this challenging chapter and emerged stronger than ever. 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
PROTECT Your Assets from 2024 Election Chaos!
Are you prepared for the potential impact of estate tax changes? In “Estate Tax Truth: Act NOW Before It’s Too Late,” Gilfix Law delves into the critical aspects of estate planning and property tax laws that could affect your assets, especially in California. This video unravels the complexities of Prop 19 and the implications of future legislative changes, focusing on protecting your wealth and maintaining control over your estate. Learn the non-negotiable steps you should take to safeguard your assets against drastic tax hikes and legislative shifts. Discover strategies like the spousal lifetime access trust (SLAT) and LLC structuring, tailored to help you minimize estate tax exposure while maintaining control and income. #trustlawyerestatelawyer #estatetax #gifttaxplanning #annualgifttaxexclusion #taxesongifts CHAPTERS: 00:00 – Intro 00:49 – Kamala Harris’s Tax Proposals 07:15 – Donald Trump’s Tax Proposals 08:21 – Scenario 1: GOP Sweeps 15:57 – Prop 33 Overview 18:30 – Prop 19 Analysis 22:05 – How to Fix Tax Issues 25:53 – Protecting Family Assets 28:01 – Immediate Actions to Take 29:55 – Spousal Lifetime Access Trust (SLAT) 33:37 – LLC Discounting Strategies 36:34 – Hope is Not a Strategy 37:12 – Control What You Can Control 38:36 – Share This with Your Family 38:58 – 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
What is a Beneficiary in a Trust?
Learn what a beneficiary of a trust is and understand the key roles of settlor, trustee, and beneficiary. Discover how to effectively use a living trust to ensure your child doesn’t come into too much money too soon, and how to appoint a responsible trustee to manage the trust. CHAPTERS: 00:00 – What is a Beneficiary of a Trust 00:40 – Beneficiary vs. Trustee Differences 2:24 – Hope This Helps 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 You Need to Know About Estate Planning | Gilfix Preview
Worried about how to safeguard your family’s assets and ensure a secure future for your loved ones? “The TRUTH About Family Protection Trusts: Safeguard Your Assets” unveils the essential tools and legal strategies to protect your wealth and offers a deep dive into estate planning essentials. From the necessity of a living trust and durable power of attorney to the complexities of Prop 19 and its impact on California real estate and property taxes, this video covers high-stakes issues that could affect your financial legacy. Discover why a Family Protection Trust might be the barrier you need against divorce, lawsuits, and unforeseen challenges. Learn how naming your children as trustees could empower them to manage the trust effectively for themselves and their future families. Additionally, with the introduction of Prop 19, understanding the changes in property tax benefits becomes crucial for anyone owning property in California. Whether you’re considering the future of a family home or strategizing around estate size and asset nature, this video provides clear, actionable insights. 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
Estate Planning Attorney Reacts | Brian Wilson Conservatorship
Are you worried about the high costs and public nature of conservatorships? In this video, Gilfix Law delves deep into how you can avoid costly conservatorships with essential estate planning tips. Drawing from the recent case of Brian Wilson from The Beach Boys, learn why conservatorships occur, the downsides associated with them, and crucially, how proper estate planning can help you avoid them. Discover the importance of a revocable living trust, durable power of attorney for finances, and an advanced healthcare directive. CHAPTERS: 00:00 – Recent News: Brian Wilson Conservatorship 00:20 – What is a Conservatorship 02:27 – How to Avoid Conservatorships 05:24 – Get an Estate Plan 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
California Retirement Pitfalls to LOOK OUT For!
Join us to explore the common pitfalls in retirement planning in California! Learn to navigate the complexities of budgeting, including the impact of inflation on healthcare, travel, and technology. 👉 Book a Call at https://www.cunninghamlegal.com/book-your-appointment/ for retirement planning, help with retiring in California, and Financial Planning. Did you know that there’s a 63% chance a wife will outlive her husband, by an average of 12.5 years? Most couples don’t even think to plan for that. Join us to explore the common pitfalls in retirement planning in California. Discover how misaligned financial goals between spouses and the rising trend of silver divorce can affect your future. We’ll also delve into the unique challenges of retiring abroad. Hosted by attorney and author Jim Cunningham and financial advisors at Ascent Wealth Management, this is a must-watch! 👉 Watch this video on our website: https://www.cunninghamlegal.com/retirement-pitfalls-to-look-out-for/ 👉 For more on this topic: https://www.cunninghamlegal.com/blog/iras-401ks-and-retirement-accounts-inheriting-minimizing-taxes/ 👉 Book a Call at https://www.cunninghamlegal.com/book-your-appointment/ to learn how to make a living trust, avoid California estate tax, and talk to a family trust lawyer. SUBSCRIBE to California Estate Planning YouTube Channel https://www.youtube.com/c/CunninghamLegal?sub_confirmation=1 CONTACT us at https://www.cunninghamlegal.com/california-law-offices/contact/ to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California. WEBSITE: https://www.CunninghamLegal.com for California Estate Planning information FREE LEGAL WEBINARS: https://www.CunninghamLegal.com/webinars includes Q&As with expert attorneys! PHONE: 1-866-988-3956 for a consultation on a California Living Trust! #cunninghamlegal #retirementplanning #retirementincome source