When your loved one enters a nursing home, they will be expected to pay for their stay using their own resources. With the monthly cost approaching $10,000 in some places, this can have a devastating effect on the assets accumulated during a lifetime of diligent saving and investment.
Protecting their assets in a constantly-changing legal environment is extremely challenging. Although planning options at this stage are more limited given recent changes in the law, we are knowledgeable in the legally-accepted techniques that might allow your loved one to pass assets to their heirs and beneficiaries as they intended. Please contact us to find out how we can help.