Monday, February 16, 2015

Nursing Home Costs are Not Covered by Trusts

There are some people who want to learn how to draft a living trust that can protect their assets from the high cost of nursing home. The truth is this; a living trust doesn’t cover nursing home costs. But don’t worry because there are other payment options available that can protect your assets from nursing home expenses and they are the following:

1. Paying out-of-the-pocket
2. Medicaid
3. Purchasing long term care insurance

Click here to read the full article.

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