The growing life settlement industry offers to buy life insurance policies and continue to pay the premiums in full, in order to help clients cover the cost of long-term care. “Many people are overwhelmed by long-term care costs, which are…
The growing life settlement industry offers to buy life insurance policies and continue to pay the premiums in full, in order to help clients cover the cost of long-term care. “Many people are overwhelmed by long-term care costs, which are…
When preparing for the future of a child or family member with a disability, many parents and guardians plan to set up a special needs trust. This unique kind of trust can provide for many of the supplemental needs of…
A growing number of older Californians are concerned about Medi-Cal asset seizure, according to a new article from the San Jose Mercury News. The California State Assembly recently passed a new bill designed to limit Medi-Cal’s ability to recover assets…
In the August 24, 2014 issue of the San Francisco Chronicle, reporter Kathleen Pender wrote about Medi-Cal reimbursement or “estate claims” that are imposed on a person’s estate if they receive Medi-Cal and after they pass. The article makes the…
When the Wall Street Journal recently reported on problems faced by older investors, Michael Gilfix of Gilfix & La Poll Associates was prominently featured. The article examined issues that we all must be aware of as we age: some retirees,…
In 2012, Michael Gilfix (age 66) qualified for the 2013 National Senior Games by winning both the 5K and 10K races in his 65-to-69 age bracket at the California Senior Games. Mike participated in the 5K race on July 23, 2013 in the…