Are you worried about common estate planning mistakes? 🚫 In this insightful video, estate planning expert Mark Gilfix from Gilfix & La Poll Associates dives deep into the intricacies of helping your children with real estate while avoiding critical missteps. Whether you’re dealing with Prop 19, navigating California real estate, or concerned about property taxes and estate planning, understanding the right and wrong ways to offer financial assistance is crucial.
Discover how to protect your family’s assets by creating trusts, understanding gift tax implications, and safeguarding against potential legal issues. The video covers:
– Effective strategies for assisting with down payments
– The importance of creating family protection trusts
– The risks of joint title ownership and how to mitigate them
– Key legal advice for long-term asset protection
CHAPTERS:
0:00 – Introduction
0:26 – How Parents Can Help Their Kids Buy a House
0:49 – The Wrong Way to Help Your Kids Buy a House
1:50 – The Right Way to Help Your Kids Buy a House
2:37 – Another Right Way to Help Your Kids Buy a House
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
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