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Palo Alto, CA (Law Firm Newswire) April 23, 2013 – The looming sequester has special education advocates concerned. Nationally, sequestration looks to eliminate federal funding for the Individuals with Disabilities Education Act (IDEA) in 2013 by as much as $1 billion. That would leave as many as 7,200 special education educators without covered salaries. The cuts would also bump the amount of money the federal government contributes toward special education back to what it was in 2005. “States across the county are looking at huge cuts,” notes Palo Alto estate planning attorney Michael Gilfix. It is estimated that Minnesota would […]


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Palo Alto, CA (Law Firm Newswire) April 16, 2013 – Estate planning is not a one-time project; it is an ongoing process. For estate planning to be successful, assets and other forms of ownership should be revisited at regular intervals. During career planning, after the birth of children, while setting up college funds, when contemplating future retirement, after acquiring items with titles, prior to marriage or after divorce, and to secure future needs in case of disability or incapacitation – estate planning should be part of every one of these milestones. “When considering what a client might want to address […]


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Palo Alto, CA (Law Firm Newswire) March 28, 2013 – Average life expectancies in the U.S. rose in 2011, according to the National Center for Health Statistics. Women’s life expectancy is now 81.1 years, and men’s expectancy is 76.3. That is a shift from 1975, when women had a life expectancy of 76.6 years and men had an expectancy of 68.8 years. While most people are happy to know they will potentially live longer, their savings may not be prepared. Financial experts are concerned that there is a growing cohort of elderly people without enough money to support their needs. […]


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Palo Alto, CA (Law Firm Newswire) March 21, 2013 – In Sacramento, the operator of an elder-care facility is currently facing felony charges after the death of a resident. The owner of Super Home Care, Silvia Cata, was arrested and charged with felony charges of elder abuse and involuntary manslaughter regarding the death of a woman in her care. The resident, Georgia Holzmeister, was 88. She had dementia and received care at Super Home Care since 2007. She died from severe bedsores which resulted in sepsis, a toxic response to bacteria or germs. While bedsores can be difficult to avoid […]


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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 […]


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Palo Alto, CA (Law Firm Newswire) February 13, 2013 – An elder care study shows a growing demand for elder care services and a growing interest in securing their future care. The study analyzed the elder care market in the U.S., with historical data from 2001, 2006, and 2011, and forecasts for 2016 and 2021. Elder care in a skilled nursing facility made up the largest percentage of elder care service revenue, some 43 percent, in 2011. But elder care advocates predict that community-based and in-home services, such as home health care and assisted living will be the faster growing […]


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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 […]


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Palo Alto, CA (Law Firm Newswire) November 2, 2012 – Upcoming tax changes look to significantly affect many families when it comes to their home equity, life insurance, and 401(k) assets. “With the Bush tax cuts slated to expire on January 1, 2013 if Congress does not act, lifetime gift and estate tax exemptions will drop to $1 million from just over $5 million,” said Palo Alto estate planning lawyer Michael Gilfix. “We are advising our clients that the generation skipping transfer tax exemption will also likely be indexed for inflation at approximately $1.4 million, with top estate tax rate […]


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