Are you prepared to navigate the complexities of elder law and estate planning? Discover essential insights that could save your family from costly mistakes.

Summary

In this episode of Grow Your Business & Grow Your Wealth, host Gary Heldt speaks with Richard Miller, a highly respected Certified Elder Law Attorney. Richard dives into the critical aspects of elder law, including asset protection, Medicaid planning, and probate litigation. He shares practical advice, real-life stories, and strategies to help families make informed decisions while preserving dignity and financial stability.

5 Key Takeaways

→ Planning ahead ensures your assets are used to support you and your spouse with dignity and autonomy.

→ Understand the difference between probate and non-probate assets to avoid unexpected pitfalls.

→ Beneficiary designations are crucial; they often determine where assets go, regardless of a will's intentions.

→ Trusts, both revocable and irrevocable, play significant roles in asset protection and estate planning.

→ Complex family dynamics, like second marriages or estranged family members, require thorough estate planning to avoid disputes.

2 Quotes from Richard Miller

How to Reach Richard Miller

Richard Miller is the Chair of the Elder Law Department at Mandelbaum Barrett. Licensed in New Jersey, New York, and Colorado, he offers nationwide elder law and estate planning services.

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