What You Will Learn at Our Estate Planning Workshop

Miller Estate and Elder Law

In this episode, attorney Bill Miller provides an overview of estate planning and asset protection. He discusses common mistakes people make, such as putting their children's names on bank accounts and deeding property to their children. He emphasizes the importance of having the right kind of durable financial power of attorney, advance directive for healthcare, and a will or trust. He also explains the benefits of revocable and irrevocable trusts, as well as the options for paying for long-term care, including Medicaid and long-term care insurance. Want to learn more? Attend one of our upcoming estate planning workshops for more detailed information.

Takeaways

• Avoid common estate planning mistakes, such as putting children's names on bank accounts and deeding property to children.
• Ensure you have the right kind of durable financial power of attorney, advance directive for healthcare, and a will or trust.
• Consider the benefits of revocable and irrevocable trusts for avoiding probate and protecting assets.
• Explore options for paying for long-term care, including Medicaid and long-term care insurance.
• Attend our workshops or webinars for more detailed information on estate planning and asset protection.

Chapters

(00:00) Introduction and Disclaimer

(02:00) Common Mistakes in Estate Planning

(06:40) The Importance of the Right Documents

(12:10) Understanding Revocable and Irrevocable Trusts

(14:06) Options for Paying for Long-Term Care

(23:43) Attend Workshops for Detailed Information

Learn More and Connect with Bill Miller

https://millerestateandelderlaw.com/

https://www.facebook.com/MillerEstateandElderLaw/

https://www.linkedin.com/in/bill-miller-estate-and-elder-law-attorney-44036511/

https://twitter.com/attybillmiller

https://www.youtube.com/channel/UC_UuzlnOOHGmiGHgPY7FZ6A