Investing in Your Future: The Smart Money’s Next Level Estate Planning
Discover the critical importance of forward-thinking estate planning in securing your family’s future prosperity. In this enlightening discussion, we explore how taking proactive planning steps today can bridge generational wealth gaps and ensure financial security for future generations. Embrace a mindset shift towards loss aversion and invest in a team of expert advisers to safeguard your legacy and provide peace of mind for years to come. 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
Do You Kids Have Good Money Sense?
Explore the crucial role of objectivity in managing wealth for children in this insightful discussion. Delve into the complexities of understanding your children’s abilities, especially when it comes to financial responsibility and decision-making. Discover how tools like dynasty trusts can help safeguard your family’s assets and ensure a secure financial future for generations to come. 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
Update Your Estate Plan: Save Millions & Protect Loved Ones
Are you concerned about safeguarding your family’s future and assets? “Update Your Estate Plan: Save Millions & Protect Loved Ones” dives deep into the crucial steps of special needs planning and keeping your estate plan current. Gilfix Law unravels the complexities of estate planning, addressing the pivotal need for regular updates to accommodate life changes, legislative shifts, and tax laws, ensuring your loved ones are protected. This video explores various trust structures, including the AB trust, and the impact of recent legal changes on maximizing estate tax avoidance. It emphasizes the high stakes involved in special needs planning, highlighting the dangers of generic, off-the-shelf trusts and the potential pitfalls of AI-generated legal documents. With expert insights from Gilfix Law, you’ll learn why an estate plan is a living, breathing document that requires careful, periodic review. The discussion extends to the importance of being informed about legislative updates that may affect supplemental security income (SSI) and the necessity of aligning your estate plan with your family’s unique needs. CHAPTERS: 0:00 – Special Needs Planning Update Importance 0:29 – Living Trust Mistakes Cost 2:41 – Benefits of a Living Trust 3:26 – AI Influence on Legal Documents 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 Elections – What you NEED to know About your Estate Plan
The 2024 elections are around the corner. The decisions made this year will directly affect every American family. Are you prepared for the potential changes? In this highly anticipated and timely webinar, acclaimed attorneys Michael Gilfix and Mark Gilfix break down the critical issues shaping the election and, most importantly, what you need to do right now to protect your family’s wealth and future. This is your opportunity to stay ahead of the curve. You’ll learn how the election could impact estate taxes, your home, and the financial security of your loved ones—without any political bias. Just the facts, so you can take action. Key Topics We Cover: – Massively Impactful Proposals: Estate and gift tax plans from major candidates like Kamala Harris and Donald Trump. – Party Perspectives: The differences between Democratic and Republican tax strategies. – Scenario Planning: What various election outcomes likely mean for your estate planning—and your family’s financial future. – 2026 Estate Tax Cliff ALERT: Why a potentially massive estate tax hike could come even sooner—by the end of 2024! – Critical California Initiatives: State propositions that could directly affect your family home, including potential rent control measures. – Essential Action Steps: The critical moves you need to make now to safeguard your assets no matter what happens in the election. – This exclusive webinar will fill up fast—and space is limited! Ensure your family is prepared for any outcome. Join us on Zoom and learn the steps to take now to protect your hard-earned legacy. Webinar presented on Wednesday, September 25, 2024 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 0:00 Intro 1:54 Key Points to Remember 4:13 2024 Elections and What you NEED to Know 5:48 About Our Firm 7:15 Highlights of Current Tax Laws 10:36 2024 Elections: Key Tax Proposals from Harris and Trump 10:50 Kamala Harris: Key Proposals 14:29 Donald Trump: Kep Proposals 15:44 2024 Elections: Scenario Planning for 3 Possible Outcomes 17:06 Scenario 1: GOP Sweep 18:50 Scenario 2: DEM Sweep 21:29 Scenario 3: Split 22:51 Actions to Take 24:23 California’s Proposition 33 – Expanding Rent Control 26:40 California’s Proposition 19 – NOT on the Ballot 31:22 Prop 19 – What’s at Stake? An Example 32:56 Preserving Low Property Taxes in the Age of Prop 19 – We Can Help! 34:27 Things you can do to protect your family, preserve your hard-earned legacy 34:37 We wrote a book on this! Beat Estate Tax Forever 35:07 Reframe: Estate Tax Planning as an Extraordinary Investment 36:27 Steps You Should Take 38:32 SLAT (Spousal Lifetime Access Trust) and Shawshank Redemption 42:15 LLC: Give away Assets, Keep Control and Income 43:50 Other Strategies to Save $Millions 47:56 How to Stay in Touch with us 48:22 Take Action: Gilfix & La Poll Associates – Set a Meeting Today 50:00 Questions Answered source
Old Living Trusts Could Lead to Costly Taxes—Here’s How to Fix It
Attention couples with old living trusts: your AB trust might be exposing your family to massive capital gains taxes. Discover how a simple review and fix can save you thousands. Stay informed and protect your estate. 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 Planning Essentials: Stay Informed with These Crucial Updates
Feeling the pressure on your family finances? Do you sense a shift in the world around you, making you feel like you’re losing control? If you’re confused about the latest 2024 laws impacting your financial future, you’re not alone. In this video, we tackle these concerns head-on, offering valuable insights and clarity on navigating the evolving landscape of family finances and estate planning. Stay informed, regain control, and secure your family’s financial well-being in these uncertain times. Subscribe now to empower yourself with knowledge and confidently face the future. 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
Passing Wealth the Right Way: Open Conversations with Your Kids
Discover the best practices for passing on wealth by having open conversations with your kids. Learn the importance of discussing values, hard work, and the impact of early financial support. Explore options like Special Needs Trusts and Family Protection Trusts to safeguard your family’s future. 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
Feeling Overwhelmed? Estate Strategies for Uncertain Times
Are you feeling overwhelmed by rapid societal changes and worrying how new tax laws might affect your family’s future? In this compelling video, “Fight Tax Changes: Protect Your Family’s Future Now!”, we dive deep into the urgent issues surrounding Prop 19, California real estate, and how evolving property taxes can impact your estate planning. Discover actionable strategies to safeguard your assets and ensure your family’s security in an uncertain world. We address the complex challenges posed by AI, shifts in societal roles, and the critical importance of maintaining control over your financial future. Whether you’re concerned about legal implications for your property or seeking effective ways to manage your estate, this video provides essential insights and expert guidance. 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
When to Step In: Managing a Parent’s Finances
Planning for a future with dementia or Alzheimer’s is crucial for every family. In this video, our experts from Gilfix Law delve into essential planning tips to avoid common dementia mistakes. They explore the concept of the “Ulysses Clause” and how it can safeguard your financial and personal well-being by anticipating potential cognitive decline. From understanding when to intervene in a loved one’s financial matters to recognizing early signs of dementia, this video provides comprehensive guidance. Are you concerned about estate planning, property taxes, or California real estate? Our experts address these critical issues and provide practical advice on how to prepare and protect your family’s future. Ensure your loved ones are well taken care of by making informed decisions today. CHAPTERS: 00:00 – Michael’s Personal Experience with Estate Planning 0:33 – Time Me to the Mast 6:12 – How to Get Someone to Step Down from Power 9:12 – How to Have a Tough Conversation with Your Parents 11:12 – Final Thoughts 11:41 – 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
Brian Wilson’s Conservatorship: A Closer Look at the Beach Boys Icon’s Ongoing Struggles
Brian Wilson, a key member of The Beach Boys, is now under a conservatorship held by his family. This move comes after a previous, controversial conservatorship by a psychologist, which was marred by allegations of overmedication and manipulation. The current arrangement aims to ensure Wilson’s well-being as he struggles to manage his own affairs. 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