Elder Law Legend (My Dad) is Terrified of Heights
Every year, we do a father-son trip together. This year, we saw beautiful Whistler and Vancouver, Canada. He has a horrible fear … source
Navigating Estate Tax: How Much Can You Pass to Your Kids? | Expert Advice & Strategies
Are you wondering about the intricacies of estate tax and how much you can pass on to your kids without facing hefty tax burdens? Look no further! In this informative video, we break down the complexities of estate planning, guiding you through the crucial aspects that can impact the inheritance you leave for your loved ones. Understanding Estate Tax: Gain insights into the basics of estate tax and why it matters in your financial planning. Exemption Limits: Learn about the current estate tax exemption limits and how they may affect your estate planning decisions. Tax-Saving Strategies: Explore expert-recommended strategies to minimize estate tax and maximize the assets you can pass on to your heirs. Lifetime Gifting: Discover the benefits and limitations of gifting assets during your lifetime to reduce your taxable estate. Trusts and Other Tools: Get an overview of various estate planning tools, including trusts, that can help you manage and distribute your assets efficiently. 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 #estatetax #Inheritance #FinancialPlanning #EstatePlanning #TaxStrategies #WealthTransfer #LegacyPlanning source
New 2024 Tax Measures: What California Homeowners Must Know
Are you a California homeowner? Worried about the latest 2024 tax measures and Prop 19? This video dives deep into the crucial tax measures and propositions affecting California real estate and estate planning in 2024. With Prop 19 not on the ballot and rent control spreading across the state, understanding these changes is vital. We’ll explore the implications of the Justice for Renters Act, which could bring rent control to single-family homes, and discuss the potential impact on property taxes and property rights. In this informative video, Mark Gilfix from Gilfix Law explains what these developments mean for you and your family’s financial future. Learn how these changes could affect property values, rental income, and estate planning. Discover why it’s more important than ever to plan for Prop 19 and other tax measures to protect your assets. 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 Truth About Special Needs Trusts: What You Must Know
Are you prepared for the future? Discover the truth about Special Needs Trusts and how they can provide essential financial security for your loved ones. This insightful video from Gilfix Law explores critical considerations for estate planning, including the impact of factors like Prop 19, California real estate, and property taxes. Learn how to calculate the necessary funds for a Special Needs Trust using the 3-4% rule and explore powerful tools like life insurance to bridge financial gaps. Understand the importance of directing retirement accounts to a Special Needs Trust and the benefits of consulting with a team that integrates financial and legal advice. #ssi #securefutureplanning #specialneedstrusts #medicaidwaiver #specialneedsfinancialplanning CHAPTERS: 00:00 – How Much is Enough 01:22 – Special Needs Trust Benefits 03:06 – Importance of Life Insurance 06:31 – Funding Options for Trusts 08:26 – Integrated Team Approach in Planning 09:27 – Subscribe, Like, Comment, Share 09:28 – Contact Gilfix & La Poll for Estate Planning Help 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 Cliff: Act Now or Lose Millions
Will the 2026 estate tax cliff cost you millions? Learn how to protect your assets now. Gilfix Law explains crucial changes in estate tax laws and special needs planning that could significantly impact your family’s financial future. This video covers: • The upcoming estate tax exemption reduction in 2026 • How to utilize the current $13.61 million per person exemption before it’s too late • Special needs planning essentials, including ABLE accounts and Care Courts • Prop 19 implications for California real estate owners • The importance of comprehensive estate planning Don’t let the 2026 estate tax cliff catch you off guard. If you’re a California resident with a net worth over $5 million (single) or $10 million (couple), you need to act now. #ableaccounts #healthcareproxy #estateplanningdocuments #trustadministration #specialneedsattorney CHAPTERS: 00:00 – Recent Changes in Law 01:18 – Care Courts Overview 02:45 – MG v. MHRC Case Analysis 03:16 – Estate and Gift Taxes Explained 05:55 – Special Needs Planning Checklist 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 DIY Estate Plans Are a Legal Nightmare
Are you considering a DIY estate plan? This video reveals the hidden dangers of do-it-yourself estate plans and why it’s crucial to seek expert legal advice. Learn how a seemingly harmless mistake can jeopardize your children’s future, expose you to unexpected tax issues, and leave no one to defend your plans during conflicts. Our expert estate planning attorney breaks down why working with a professional is essential, especially with high stakes like protecting multiple generations and your home. DIY solutions, like those offered by Legal Zoom, can’t provide the personalized defense and expertise you need in the event of a legal battle. Key topics include Prop 19, California real estate, property taxes, and the critical role of professional legal advice in estate planning. Don’t leave your legacy to chance. Gilfix Law is here to ensure your wishes are honored and your assets are safeguarded. CHAPTERS: 00:00 – The Danger of DIY Estate Plans 0:13 – Why You Shouldn’t Do Your Own Estate Plan 0:49 – The Importance of Defending Your Estate Plan 2:02 – Why You Should Work with a Lawyer for Estate Planning 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
2024 Election Outcome – What You NEED to Know for your Estate Plan
“Elections have Consequences” As you know, elections can have MASSIVE consequences on estate and tax planning. In this timely webinar we explore how the outcome of the 2024 election will likely affect you and your family – and how to take charge and protect yourselves. Do not miss this rare opportunity to learn and take action while you still can!In this free webinar, we cover: 1. ESTATE TAX ALERT! The likely future of the “death tax” and what you can do to avoid it 2. Potential changes to capital gains and other federal taxes 3. Proposition 19 – why property taxes may Skyrocket – and how to avoid this 4. The planning steps you must take now to prepare for our new political reality 5. Trust planning to protect kids and future generations from divorce, lawsuits, and estate taxes 6. Trust planning to save the family home and avoid estate tax This webinar will enable you to save your family home and hard-earned assets. 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
CRITICAL Estate and Gift Tax Deadlines
Navigate the critical deadlines of Estate and Gift Tax in California with our essential guide! ⏰🏡 Discover key dates that can impact your financial planning and estate strategy. Stay ahead of crucial timelines to optimize tax savings and ensure a smooth transfer of assets. Watch now to empower yourself with the knowledge of critical Estate and Gift Tax deadlines in California, and take control of your financial legacy! 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 #EstateTax #GiftTax #CaliforniaFinance #TaxDeadlines #FinancialPlanning source
Estate Planner’s Warning: Beware of AI Risks
Discover the cautionary tale of AI in estate planning with our insightful video! Join us as our estate planner shares vital warnings and insights about the risks associated with relying solely on artificial intelligence in managing your estate. From potential legal complexities to privacy concerns, learn why human expertise and oversight remain paramount in safeguarding your legacy. Watch now to navigate the balance between technological innovation and prudent planning with confidence. 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 Pick Cheap Legal Help!
3 Must-Know Tips to Choose the Right Lawyer 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