Protecting
Your Assets from Long Term Care
Many older
adults are worried about losing their life's savings if they or a
loved one needs nursing home care. Our experienced Geriatric Planning
Specialists are able to provide planning techniques for:
-
How to pay
for home care and avoid nursing home placement
-
Protecting
the home and other real estate
-
Protecting
the maximum amount of assets in bank accounts, CD's, stocks, bonds
and mutual funds
-
Maximizing
the protection of assets for the spouse still residing at home
-
Transferring
assets to children and grandchildren
The decision to
move a family member or a loved one into a nursing home is one of the
most difficult you can make. Perhaps the move is being made because
the family member can no longer care for himself or herself...or
perhaps has a progressive disease such as Alzheimer's. No matter what
the reason, those involved are almost always under great stress. At
Marshall & Associates, we assist those in need in the following
areas:
- How to find the right
nursing home
- How to get good care in
a nursing home
- Formulating plans that
minimize the loss of assets to the cost of care
- Establishing entitlement
to benefits from Medicare, Medical Assistance, and programs
offered by local Agencies on Aging
- Completion and filing of
applications for government and private assistance
To view our web
site resources related to Protecting Assets from Nursing Home Costs, click
here.
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