Blog Archives

Issues to Consider when Your Child Goes off to College

It’s February, folks. That means that college acceptance letters will soon be arriving via email, snail mail or however they get around these days. Once the initial euphoria has worn off and you know that your child is definitely going

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Do You Need to Revisit Your Estate Plan in 2017? The Answer is Probably “Yes.”

Estate Planning attorneys generally advise that plans be revisited with regularity to adjust for changes in law and changes in personal circumstance. At a minimum, your estate planning documents should be reviewed every 2-5 years, but 2017 is unique in

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Why you may need a parental power of attorney

If you are the parent of young children, you may occasionally need to leave them in the care of a close friend during a quick business trip, or perhaps with the grandparents while you take a kid-free holiday. Or, you

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Robin Williams’ family battles over estate

Robin Williams’ widow Susan Williams settled out of court a lawsuit over the late actor’s estate last year. The highly publicized dispute with his children revolved around an estate worth an estimated $100 million. Disagreements over trusts and wills between

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Problematic Proposed Regulations May Harm Family Businesses If Left Unaddressed

This newsletter recently addressed proposed treasury regulations that, if enacted, will drastically impact transfers of family businesses. The hearings on the proposed regulations (the “2704 Regulations”) were held this month, and those participating were extremely critical of the proposed regulations.

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Three mistakes parents of special needs children should avoid

Parents of special needs children hope to provide their offspring with financial security and the care they need. However, even with the best of intentions they risk making mistakes that could have costly, long-term consequences for their child. One such

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National Gilfix & La Poll Article on Multigeneration Strategies and “New Economy” Services

At Gilfix & La Poll, we take pride in innovating new ways to serve our estate planning clients. We recently published an article in Estate Planning magazine covering two ways in which we build beneficial relationships with our clients that

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Housing Assistance for People with Disabilities

Finding affordable housing can be difficult for people with disabilities, who may have special housing needs or limited funds. However, there are a number of resources available to help: Center for Independence of the Disabled, New York The Center for

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Study reveals misconceptions about long term care costs

Planning ahead for long term care and how to fund it can seem daunting. The average American underestimates in-home care costs by nearly 50 percent, according to the Genworth Financial 2016 Cost of Care Study. The findings indicate many adults

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Planning for Small Business Owners Is Critically Important

At times we all fall victim to focusing on the present at the expense of planning for the future. Many business owners continually focus on the daily, monthly, quarterly, and annual goals of the business and often do not consider

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