Special Needs Lawyers Hosting Annual Special Needs Trust Community Seminar
Palo Alto, CA (Law Firm Newswire) February 22, 2013 – The special needs planning attorneys of Gilfix and La Poll Associates, LLP, invite the public to their upcoming Special Needs Trust Community Seminar on April 2, 2013.
This seminar is an event designed to provide up-to-date, reliable information about special needs trusts and public benefits eligibility for disabled individuals.
“Our annual Special Needs Trust Community Seminar focuses on the unique challenges each family faces in addressing the long-term needs of a special needs individual,” said Michael Gilfix, Palo Alto estate planning attorney. Mr. Gilfix, featured in national publications for his insight into the fields of estate planning and elder law, harnesses his special needs trust expertise when working with clients who want to ensure financial safety for a disabled child or other disabled family member who may be unable to work or live independently.
A special needs trust is a legal document which can provide that person with financial safety, without disturbing their eligibility for public benefits. In a special needs trust, assets are held in a way that keeps them exempt from assessment regarding eligibility for government benefits such as Supplemental Security Income (SSI) and Medi-Cal. Instead, those assets are used to supplement the public benefits, and can be used for services, education, recreation, and items that the public benefits system might consider “supplemental” and otherwise over and above what the government provides.
A special needs trust (sometimes called a supplemental needs trust) is one of the most important tools a family can use to help a loved one. A trustee is put in place to oversee the special needs trust, to ensure funds are properly disbursed and that the individual’s needs are met according to the dictates of the trust. The instructions of the trust can be as basic as funding residence and care, or as elaborate as paying for classes, outings, and activities which enhances the life of the individual under the trust.
The Special Needs Trust seminar, now in its ninth year, is April 2nd, 2013 at the Crowne Plaza Cabana in Palo Alto, CA, with two sessions: 2PM – 4PM and 6PM – 8PM, and is free to attendees. Also in attendance are numerous local organizations with helpful materials regarding their services. For information on the seminar or about special needs trusts, call (650) 493-8070 or (408) 971-7292.
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
Facebook: Like Us!
- California Families With A Special Needs Child Deserve Better State Support; Role of Special Needs Trusts
According to a study by the Lucile Packard Foundation for Children’s Health, California is ranked last in the U.S. when it comes to effective referrals for specialty medical care for children, and 46th in the country for effective medical care coordination. There are approximately 1 million children in California who have chronic emotional, developmental, and/or physical [...]
- Estate Planning: Consider A Living Trust
As part of your estate planning needs, you must consider a living trust, often referred to as a revocable or “inter vivos” trust. If you are a California resident and have more in than $100,000 in assets, a living trust will help you avoid probate or conservatorship down the road. If your estate goes into [...]
- Gifts to Grandchildren: UGMA and UTMA
Two attractive financial options for some of our clients exploring estate planning options for their grandchildren can be found with the Gifts to Minors Act (UGMA) and the Uniform Transfers to Minors Act. These are two college savings accounts which allow a grandparent to gift money to an account set up by the parent of [...]
- Gilfix (No. 110) Participates, Places in 2013 National Senior Games in Cleveland, Ohio.
In 2012, Michael Gilfix (age 66) qualified for the 2013 National Senior Games by winning both the 5K and 10K races in his 65-to-69 age bracket at the California Senior Games. Mike participated in the 5K race on July 23, 2013 in the National Games in Cleveland. In a challenging national field, Mike placed 8th with a time [...]
- Expanded Free And Available Health Services For California Seniors; Long-Term Care Costs Not Addressed
While California enjoys the reputation of a destination state — outdoor recreation, abundant fresh produce, and often mild weather — the state was recently ranked 25th in terms of senior health. Even though seniors are typically living longer, more of them are doing so in a state of suboptimal health. Meanwhile, resources for healthcare have [...]
See other news sources publishing this article. BETA | Tags: palo alto elder law attorney, palo alto elder law lawyer, palo alto estate planning attorney, palo alto estate planning lawyer, palo alto estate tax lawyer, palo alto gift tax attorney, Palo alto gift tax lawyer