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!
- Considering the move to an active-adult community? We’ve got advice on evaluating the options.
As retirement nears, many older adults consider the benefits that an active-adult community can offer. For some, the option to downsize out of an over-large house can mean a more comfortable retirement and a larger estate to pass on to heirs. For others, the proximity to recreation and community promises to help keep them active […]
- Go Red for American Heart Month: Four fun ways to get heart-healthy with loved ones
February is a time for matters of the heart -- and that includes heart health. This month is American Heart Month, and groups like the American Heart Association want to get people talking about how to prevent heart disease, the number one killer of both men and women in the United States. The risk of […]
- Despite Pervasive Myths, Estate Planning Significantly Benefits Young and Growing Families
One of the most pervasive myths about estate planning is that it is most crucial for the elderly. According to a national estate planning survey, this myth is one reason that the majority of people under the age of 34 do not have a will. But young adults, and especially young adults with growing families, […]
- Increasing focus on the “invisible patient:” it’s time to recognize and treat caregiver burden
It has long been known that those who care for an elderly or incapacitated loved one can suffer physically, psychologically, financially and socially. These caregivers have been known for years in the medical community as the “invisible patients.” Little has been done for them. According to the New York Times, there are more than 40 […]
- Estate planning and the single person
Many discussions about estate planning revolve around couples and families. Yet a large percentage of Americans are single. Some are divorced, others are widowed and still others never married. Single people may want to adopt estate planning strategies that differ somewhat from those a married couple would use, depending on the situation. For example, an […]
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