» Genetic Information Guidelines Still Leave Many Questions, Says Estate Planning Attorney

Genetic Information Guidelines Still Leave Many Questions, Says Estate Planning Attorney

Palo Alto, CA (Law Firm Newswire) December 6, 2012 – Noted estate planning attorney, Michael Gilfix has published a feature article for Trusts & Estates, a wealthmanagement.com magazine for estate-planning professionals.

“It’s All in The Genes,” in the October 2012 issue of Trusts & Estates, is an in-depth look at genetic information and how it relates to estate planning and taxation issues.

“The Genetic Information Nondiscrimination Act, known as GINA, was signed into legislation in 2008 by then-President George W. Bush,” stated Gilfix. “The intent was to prohibit discrimination in the areas of health coverage, insurance and employment, as breakthroughs in research indicated that an individual could be pinpointed as having a genetic predisposition to certain diseases.”

California passed its own version of the Genetic Information Nondiscrimination Act, which works addresses broader area than the federal legislation, barring genetic information discrimination in the areas of education, employment, housing, lending, and public accommodations.

However, GINA as it currently stands federally does not include privacy protection when it comes to life insurance, disability insurance or long-term care insurance, says Gilfix. How genetic information will be used in those instances in the future is still uncertain. “Genetic information that affects life expectancy is of obvious relevance to life insurance underwriting decisions,” says Palo Alto estate planning attorney Gilfix.

Michael Gilfix is a nationally known authority in the field of law, aging and estate planning. A 1973 graduate of Stanford Law School, he is a Fellow of the National Academy of Elder Law Attorneys (NAELA), a co-founder of NAELA, and a Certified Legal Specialist in Estate Planning, Trust and Probate Law. Mr. Gilfix regularly addresses professional audiences, including attorneys, physicians, certified public accountants, and financial planners, nationally, as well as locally.

An entrepreneur in the legal field, Mr. Gilfix created the first legal aid program for elders in 1973. He served as Executive Director of that program, Senior Adults Legal Assistance (SALA) of Santa Clara County, for ten years. In 1983 he created the law firm that is today known as Gilfix & La Poll Associates LLP.

To learn more, visit Gilfix & La Poll Associates LLP at http://www.gilfix.com/.

Gilfix & La Poll Associates LLP
2300 Geng Rd., Suite 200
Palo Alto, CA 94303
Telephone: (650) 493-8070
http://www.gilfix.com/

Facebook: Like Us!



  • Health Care Decisions Day April 16, 2014
    A Message from Myra Gerson Gilfix We at Gilfix & La Poll Associates believe that estate planning includes planning with regard to what will happen to us – not just to our property and other assets – when we’re at the end of our lives. We make it part of our service to you to […]
  • Wall Street Journal Features Gilfix & La Poll
    When the Wall Street Journal recently reported on problems faced by older investors, Michael Gilfix of Gilfix & La Poll Associates was prominently featured. The article examined issues that we all must be aware of as we age: some retirees, even when dementia is not an issue, have trouble identifying riskier investments or warning signs, […]

See other news sources publishing this article. BETA | Tags: , , , , , ,



Get headlines from Law Firm Newswire sent right to your inbox.

* indicates required