Long-Term Care

Long-Term Care

Long-Term Care and Nursing Home Asset Preservation

Long-term care costs can change a family’s future in a matter of months. Planning often focuses on preserving family assets so they are less likely to be consumed by a spend-down, while protecting a spouse at home and preserving an inheritance for children when possible. Strategies can be implemented at several levels depending on timing, health, and the types of assets involved.

You need long-term care planning counsel when a spouse’s health declines, when a parent needs assisted living or nursing home care, when a family caregiver is reaching limits, or when you want options in place before a medical crisis.

Attorney Davidson can evaluate your timing and asset mix and implement planning steps designed to preserve family resources and support loved ones if long-term care becomes necessary.

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