This presentation by attorneys Michael Gilfix and Mark R. Gerson Gilfix will address:
- Simplification of your Revocable Trust to massively save on taxes;
- Passing assets to your children and grandchildren in ways that protect them from divorce, litigation, and estate taxes;
- How to protect your residence and other assets – and save your family $100s of thousands - while qualifying for Medi-Cal to pay the cost of skilled nursing care;
- Estate and gift taxes;
- The pros and cons of reverse mortgages;
- Long-term care insurance and planning for long term care; and
- The value and importance of involving your children in the planning process.