Protect Your Legacy: Special Needs Planning Essentials
Are you concerned about safeguarding your legacy and ensuring your loved one with special needs is well-cared for after you’re gone? “Protect Your Legacy: Special Needs Planning Essentials” is a must-watch video by Gilfix Law, where Mark and Mike Gilfix walk you through 6 critical steps in special needs planning. From understanding Prop 19’s impact on California real estate to navigating property taxes and the complexities of estate planning, this video is packed with invaluable insights. Learn why a Special Needs Trust is pivotal, how to select the right trustee, and the importance of coordinating with your family to prevent future complications. With decades of experience and a deep commitment to providing tailored legal advice, Gilfix Law highlights the necessity of integrated legal and financial planning to secure your loved one’s future. CHAPTERS: 0:00 – Introduction 1:17 – Fear of Dying and Special Needs Planning 3:51 – Special Needs Trusts Overview 6:03 – Estate Plan Coordination 9:56 – Family Involvement in Special Needs Planning 12:38 – Financial Planning Strategies for Special Needs 17:00 – Life Insurance Considerations for Special Needs 19:39 – Integrated Legal & Financial Planning 22:31 – Updating Special Needs Plans 29:01 – Prop 19 Implications on Special Needs Planning 37:36 – Avoiding Special Needs Planning Mistakes 39:45 – Overcoming Delay and Denial in Planning 41:12 – Contacting Gilfix & La Poll for Special Needs Planning 42:30 – Closing Thoughts 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 Wrong Way to Leave Wealth: Key Estate Planning Mistakes
Learn how to avoid the biggest mistakes in estate planning to ensure your family’s wealth is protected and fairly distributed. Discover the pitfalls of not planning, leaving surprises, and dumping money into kids’ laps when they’re unprepared. Don’t risk family disputes or financial mismanagement—watch now for essential tips on proper 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
The Importance of a “Letter of Guidance”
In this valuable webinar, Michael Gilfix and Mark Gilfix go over: • How will caregivers and trustees know how to care for your child when you pass? • What is unique about your child that no one else knows? • What are your child’s fears, joys, tastes, annoyances, allergies, daily care needs? A Letter of Guidance you write about yourself – for your family and trustee if you are ill and/or have compromised capacity • Do you want to stay at home, “no matter what?” • What will give you joy, comfort, satisfaction? • What music do you love – and what do you hate? What do personal caregivers need to know about your dignity? 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
NEVER Trust This TV Estate Planning Myth: Debunking New Amsterdam
Ever wondered about the hidden complexities behind hospital bequests? This insightful video by two estate planning experts dives into the misconceptions portrayed in popular TV shows like “New Amsterdam,” exposing the often overlooked and misunderstood practices of hospital bequest departments. Discover the real dynamics behind estate planning, property laws, and how unwitting donors might be influenced. While the show dramatizes these situations, the video provides a balanced perspective, emphasizing the rarity of such manipulations and highlighting the crucial role of legal advice in estate planning. For viewers interested in understanding the intricacies of Prop 19, California real estate, estate planning, and property taxes, this discussion sheds light on the importance of seeking personalized legal advice. Gilfix Law, a trusted source of legal information, encourages individuals to consult with experts to navigate these complex issues effectively. CHAPTERS: 00:00 – Introduction 00:10 – New Amsterdam Clip 04:41 – Debunking Suggestions 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 #undueinfluencewill #elderfinancialabuselitigation #plannedgiving #undueinfluencecaselaw #probatelitigation source
What to do when a Parent Exhibits Dangerous Behaviors
Empower yourself with crucial insights in our latest video on handling memory loss-related dangerous behaviors in parents. 🧠🚨 Discover practical tips and compassionate strategies to navigate the challenges when a parent exhibits unsafe actions due to memory loss. From communication techniques to creating a secure environment, we guide you through effective steps to ensure the well-being of your loved one. Watch now to gain a deeper understanding of how to address and manage these situations with care and empathy. 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 #MemoryLoss #Caregiving #SafetyFirst #FamilySupport #DementiaCare source
Avoid These 4 Costly Special Needs Planning Errors!
Are you navigating the complex world of special needs planning for a loved one? Avoid common pitfalls with expert insights from Mark and Mike Gilfix of Gilfix & La Poll Associates, seasoned estate planning professionals with decades of experience. This video sheds light on the four most costly errors families often make in special needs planning, providing you with the crucial knowledge needed to protect and provide for your family members with disabilities effectively. Discover the importance of a comprehensive estate plan, including a Special Needs Trust, and learn how to navigate government benefits like SSI and Medicaid to ensure your loved ones are fully supported. The Gilfix duo also dives deep into strategic housing plans and funding methods for trusts, emphasizing solutions tailored to your unique family needs. Don’t miss their valuable advice on utilizing life insurance as a tool to secure the future of your child with special needs. CHAPTERS: 0:00 – Intro 0:38 – Estate Planning Mistake 2:18 – Understanding Government Benefits 3:52 – Housing Planning Mistake 8:56 – Funding Special Needs Trust 13:07 – Top Mistakes in Special Needs Planning 15:10 – Conclusion 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
Empathetic Care for Senior Loved Ones: Practical Steps for Adult Children
Embarking on the journey of caring for an aging parent with dementia can be emotionally challenging. In this video, we delve deeper into the nuanced steps adult children can take to provide meaningful assistance. Discover effective communication techniques, tips for creating a dementia-friendly environment, and insights into managing resistance with patience and empathy. Join us as we explore practical ways to enhance the well-being of your loved one while maintaining a compassionate and respectful approach. Watch now to empower yourself with knowledge and support for this important chapter in your family’s life. 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 #DementiaSupport #CaregivingTips #FamilyHealth #ElderCare #AlzheimersSupport source
How Real Estate Builds Family Wealth Over Generations
Discover How Real Estate Builds Family Wealth Over Generations! Curious why real estate is such a powerful long-term … source
Protect Assets Without Complicating Kids’ Lives
Family Protection Trusts offer asset, divorce, and estate tax protection while letting your kids stay in control. Choose trustees based on readiness or appoint a co-trustee for added security. 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
How Prop 19 Could Affect Your Estate Planning
Are you aware that Prop 19 could lead to massive tax hikes for California families? 🏡 If you own property in California, understanding Prop 19 is crucial to protecting your family’s estate. In this video, Gilfix Law dives deep into the implications of Prop 19, the new California real estate law that significantly impacts property taxes and estate planning. Prop 19, passed by voter initiative in the 2020 election, has drastically altered the protections provided by Prop 58. While Prop 13 still limits property tax increases, Prop 19 has removed the ability for parents to transfer property to their children without reassessment, leading to potential massive tax increases upon inheritance. Key topics covered include: – Detailed breakdown of Prop 19 and its impact on primary residences and rental properties. – The elimination of previous tax protections for property transfers between parents and children. – The urgent need for estate planning to mitigate these new tax liabilities. CHAPTERS: 0:00 – Prop 19 Overview 1:32 – Prop 19 Primary Residence Rules 4:26 – Prop 19 Rentals and Vacation Homes 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