“Okay, here’s my retirement income and here’s how much it would cost to go into a nursing home.” It is easy to underestimate the need to plan when you are younger for long-term care costs when you are older. Many people look at their retirement income in relation to long-term care costs when they retire […]
Is Asset Preservation Planning Moral?
Having an asset preservation plan in place can give you the peace of mind that you are protecting your property and life savings from long-term care costs. Last week, we discussed whether or not asset preservation planning was legal and while we came to terms with the legality of asset preservation planning, what about the […]
Is Asset Preservation Planning Legal?
Asset preservation planning is helpful for protecting your property and life savings from the potentially devastating cost of long-term care. With life expectancies increasing, the chance of needing long-term care later in life growing, the cost of long-term care increasing, and establishing eligibility for government assistance being made ever more difficult, now is decidedly the time […]
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