Harris vs Trump: Estate Planning Proposals Explained
Are you prepared for significant changes in estate planning and possible new tax laws? This video, “Estate Planning Alert: Possible New Tax Laws Revealed,” delves into the proposals from Vice President Harris and former President Trump that could impact your estate and gift taxes. Discover key insights into Prop 19, California real estate, and how these potential changes might affect your property taxes. With discussions on 1031 exchanges, estate tax exemptions, and the potential for increased tax rates, this video offers a comprehensive overview of what you need to know. #kamalaharris #1031exchange #estateplanningforsingles #taximpactonretirement #financialeducation CHAPTERS: 00:00 – Intro 00:22 – Kamala Harris Tax Proposals 03:51 – Donald Trump Tax Proposals 04:58 – Estate Planning Scenarios 05:22 – 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
Protect Your Child’s Future with a Special Needs Trust
Worried about securing your child’s future after a life-changing diagnosis? Discover how a Special Needs Trust can be your first step in protecting your child’s well-being and ensuring they have the support they need. In this detailed video, Gilfix Law delves into the importance of setting up a Special Needs Trust for a child diagnosed with conditions like autism or other special medical needs. The experts break down the concept in plain English, explaining how such a trust works to safeguard your child’s access to government benefits while providing a secure financial future without compromising their eligibility. The discussion further explores the importance of integrating the Special Needs Trust with a comprehensive estate plan, emphasizing the critical role of selecting the right trustee and the legal intricacies involved in making sure your child is well taken care of in your absence. With a focus on legal advice tailored to California’s estate planning and property laws, including Prop 19’s impact on property taxes, this video is a must-watch for parents navigating the complexities of estate planning for a child with special needs. CHAPTERS: 0:00 – Introduction 0:22 – Special Needs Trust Explained 2:34 – Integrating Special Needs Trust into 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
16th Annual Special Needs Trust Webinar
Do you have a child or loved one with special needs? If so, this is a “must attend” webinar – it could truly change your and your family’s future. Gilfix & La Poll Associates is thrilled to present this online webinar on everyone, including those who were unable to attend our 16th annual “Special Needs Trust” seminars in person. Attorneys Michael Gilfix and Mark Gilfix, nationally recognized speakers, YouTube educators, and authors of The Special Needs Trust Creation and Management Guide lead these timely educational seminars covering the CRUCIAL legal and financial pieces of a special-needs estate plan. They cover all the steps parents or concerned family must take to ensure that a loved one with a disability has a lifelong legal and financial safety net. They also go over critical new changes in law, government benefit programs, and critical, $multi-million dollar tax issues, even for middle class families. Topics include: * The legal steps you MUST take to protect your special needs child. * The coming Estate Tax “cliff.” * Prop 19 – Save your home from MASSIVE property tax increases. * Ensuring your child has a place to live. * Building a lifelong financial safety net for your child. * Essential trust planning for a child with a disability. * The ABLE Act: An empowering financial tool. * Medi-Cal and SSI – Key Developments. 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 Leave a Penny to your Kids!
Discover the wealth preservation strategies of the 1% in this eye-opening video on the “Secret Trust.” Learn how affluent individuals safeguard assets for future generations legally and ethically. Explore key terms like generational wealth, asset protection, trusts, and estate planning. Gain insights into building a lasting legacy and ensuring financial security. Don’t miss out—empower yourself with the knowledge to protect your family’s financial future! Keywords: Secret Trust, 1% Wealth Strategies, Generational Wealth, Asset Protection, Estate Planning, Family Legacy, Financial Security, Wealth Preservation, Future Generations, Financial Wisdom. 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 Judge Wealth by Appearance: A Surprising Lesson
wealth, hidden wealth, estate planning, high net worth, safety, privacy, humility, financial wisdom, millionaire mindset 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 To Secure Your Special Needs Child’s Future Financially
Are you navigating the complex world of special needs planning for a loved one? Discover why family coordination is paramount in “Prevent Chaos: Why Family Coordination is Key in Special Needs Planning.” This informative video by Gilfix Law delves into the essential steps for safeguarding the future of your loved ones with special needs, emphasizing the critical role of coordinating with family members. Learn about the intricacies of Special Needs Trusts, the impact of direct monetary gifts on public benefits, and the importance of integrating financial and legal planning. Key topics covered include the strategic use of life insurance as a financial safety net, the potential financial requirements for supporting an adult on the autism spectrum, and the significance of proper estate planning to avoid unintended consequences. Additionally, this video highlights recent legal developments, such as Prop 19, and their implications for California real estate and property taxes within estate planning. CHAPTERS: 0:00 – Family Coordination Strategies 2:45 – Effective Financial Planning Tips 7:05 – Monthly Child Expense Guide 9:47 – Integrating Legal & Financial 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
Your Ultimate Estate Planning Checklist: Secure Your Legacy Today!
Unlock the secrets to effective estate planning with our comprehensive checklist guide! In this video, we break down the essential steps you need to secure your legacy and protect your assets. From drafting wills and trusts to naming beneficiaries and planning for incapacity, we’ve got you covered. Watch now and embark on your journey to peace of mind with our estate 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
2024 Estate Tax Changes: Protect Your $27M+ Legacy Now!
Worried about the 2024 Estate Tax Changes and how it could impact your $27M+ legacy? Gilfix Law is here to guide you through the upcoming estate and gift tax alterations, ensuring your wealth is safeguarded for future generations. With critical deadlines looming, understanding these changes is more crucial than ever. Whether you’re nearing the exemption limit or significantly below it, this video dives deep into why these adjustments matter to you. From the increase in estate tax exemptions to strategic planning techniques such as SLATs and dynasty trusts, we cover essential steps to protect millions in assets. Moreover, we unravel the complexities of annual gift exemptions and the potential for a dramatic reduction in estate tax exemptions come 2026. This comprehensive discussion is not just for those with high net worth; it’s vital for anyone owning property in appreciating markets or holding significant investments. Gilfix Law’s experts, including author Mike Gilfix, share invaluable insights on using discounting strategies, fractional share discounts, and how to leverage entities and trusts to maximize your estate’s value while minimizing tax exposure. CHAPTERS: 0:00 – Estate and Gift Tax Updates 2023 1:40 – Impact of Estate Taxes on Your Finances 3:30 – Strategies to Reduce Estate Taxes 6:00 – Contact Information 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 Growing Up Modest Shaped My Legal Career
Ever wondered how a modest upbringing can shape a successful legal career? In this engaging video, Michael Gilfix, a prominent attorney at Gilfix and the Pole Associates, shares his unique journey from a small town in northern Michigan to becoming an elder law legend in California. Michael’s story highlights the invaluable lessons learned from growing up in a tight-knit community, where relationships and hard work were paramount. Discover how these experiences influenced his approach to practicing law, particularly in estate planning and elder care. Michael discusses the importance of community in understanding clients’ needs, the drive that stemmed from educational insecurities, and his commitment to providing quality legal services. This video offers insights into how personal history can inform professional excellence, especially in navigating complex topics like California real estate and property taxes. For personalized legal advice tailored to your unique situation, consider consulting with Gilfix Law. Remember, this video is for educational purposes only and should not replace professional legal counsel. CHAPTERS: 00:00 – Intro 01:09 – Lessons from Small Town Life 04:17 – Starting a Nonprofit Organization 07:56 – Establishing Elder Law Field 11:42 – Maintaining Long-Term Friendships 13:33 – Components of a Good Estate Plan 14:00 – Importance of Diverse Perspectives 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 We Survived the Scariest Moment of Our Lives
Join us on an unforgettable journey as we recount “The Hike That Changed Our Lives Forever.” Venture into Olympic National Park with a father and son duo as they face their most harrowing adventure yet. This story explores themes of survival, family bonds, and the unpredictable nature of life. Amidst the breathtaking beauty of Pyramid Peak, a simple misstep turns into a life-threatening ordeal. Discover how the quick actions of nearby US Army soldiers turned a potential tragedy into a tale of gratitude and reflection. As estate planners, this experience underscores the importance of being prepared for life’s unexpected twists. This video serves as both a gripping narrative and a reminder of the fragility of life, encouraging viewers to cherish every moment. Dive into this emotional recounting, and remember the value of preparedness and the strength of human connection in times of crisis. #safetytipsforhikingalone #howtohikesafely #solohikingsafety #hikingsafety #hikingsafetyadvice CHAPTERS: 00:00 – The Time My Dad and I Almost Died 00:20 – The Hike Adventure 02:00 – The Slip Incident 05:50 – The Rescue Operation 11:36 – The Aftermath Experience 17:05 – Final Thoughts and Reflections 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