Nearly 70 percent of all seniors will need long-term care in their lifetime.
We can help you.
If you have a will and power of attorney, you may still be missing a key part of your estate plan – a trust. A trust could avoid your assets being subject to your nursing home costs.
A trust is a legal arrangement, often between parents and children, that protects your home, savings and investments. When the trust settlor passes away, their children receive their assets.
Take the first step
You may benefit from a trust if you:
are between the ages of 65-80
want to protect your assets
aspire to leave a legacy for your family
have a child, grandchild, or other potential beneficiary with a disability
and/or have set aside money to prepare for long-term care.
We’re here to put our in-depth knowledge to work for you. There isn’t a cookie-cutter answer – that’s why we take time to listen and learn about your situation before recommending a plan of action to prepare for long-term care.
There are less than 60 certified elder law attorneys in Pennsylvania. We have three of them.
Let us help you determine which estate planning documents you need
Answer a few simple questions to figure out what documents you may need to start planning for the future.
Your law firm was hired to set up a Trust for my parents as their health declined and payments for nursing homes were needed. With the passing of my father, then my mother, your law firm managed the settling and distribution of my parents’ assets. We will hold your law firm in the highest regard and cannot imagine completing this process without your help.
Get a head start by reviewing the wealth of resources we have available for you
Just the Basics: Asset Protection Trusts
Asset protection trusts are a powerful tool that we can use to help you protect your assets from the cost of long-term care. How does a trust work? What do you put in a trust? What are the benefits of a trust? We answer these questions and more.
Although each case is different, one strategy elder law attorneys frequently propose involves trust planning to protect assets from nursing home costs. There are some common scenarios where trust planning may be appropriate.
We know you’re wondering – can a nursing home take my house? For many people, their home is their major and most precious asset. Unfortunately, without advance planning, your home may be at risk of being lost to the cost of long-term care.
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