Attorney and Author Michael Gilfix to Speak on Special Needs Trusts
Palo Alto, CA (Law Firm Newswire) March 14, 2014 – Families with a disabled child, parent or other relative face incredibly difficult challenges. They struggle to ensure that their disabled loved one lives a happy and comfortable life. As such, parents especially worry about how their disabled child’s needs will be met after they are gone.
A special needs trust is a powerful estate planning tool that may provide peace of mind to any family struggling with these issues.
On Wednesday, April 2, 2014, Gilfix and La Poll Associates presents the 10th Annual Community Special Needs Trust Seminar. Nationally recognized expert, author and attorney Michael Gilfix is slated explain and review how these trusts work.
The Community Seminar is cosponsored by several non-profit organizations, including the Morgan Autism Center, Pacific Autism Center for Education, Institute on Aging, Parents Helping Parents and Life Services Alternatives, among others. These organizations plan to be on hand with further information for seminar attendees.
Michael Gilfix is the author of a well-known tome on the subject of special needs trusts, “Special Needs Trust Creation and Management Guide.” Copies of the book will be available for all seminar guests. In the guide and in person, Gilfix presents his subject matter in a sophisticated, yet highly approachable and understandable manner.
“A special needs trust is often the ideal legal vehicle for assuring that disabled individuals are provided with a lifetime financial safety net, because, among other reasons, it does not compromise eligibility for government benefits,” Gilfix explained. “Indeed, assets within a special needs trust are not counted when eligibility for government programs, such as Supplemental Security Income and Medi-Cal, are determined.”
Gilfix, whose law office is located in Palo Alto, California, also points out that the government-sponsored benefits system is often inadequate to provide for the needs of disabled individuals. Special needs trusts are often vital to bridge the gap and cover expenses.
The Community Special Needs Trust Seminar is to be held twice on April 2, 2014: once from 2:00 p.m. to 4:00 p.m., and again from 6:00 p.m. to 8:00 p.m. To register, visit www.Gilfix.com or call (650) 493-8070.
Facebook: Like Us!
- 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 […]
- Innovative Tech Companies Take on Autism
In the United States, autism affects one in 68 children. But according to a recent report in The Economist, many American families wait months and even years to get a diagnosis, in part because doctors cannot keep up with demand. The average family does not get an autism diagnosis until two years after initial symptoms […]
- Wealthy American Parents Face Inheritance Dilemma
Can a large inheritance do more harm than good? According to a new article from the American Association of Retired People (AARP), many wealthy parents still struggle with decisions about how much money should be left to their children, and how that inheritance should be structured. Wealthy parents from Bill Gates to Sting have publicly […]
- Planning for family — to protect family assets — during the holiday season
As the holiday season approaches, the thoughts of many turn to family. It is a season of picking out gifts and planning celebrations for loved ones. This time of year can also be a reminder to consider long-term planning for our loved ones, and to consider the gifts that can last not just a season, […]