Elder Law Report

What would you do if you knew there was a 70% chance a meteor would hit your home? You'd move, right? According to the Department of Health and Human Services, that's the same probability seniors face for needing long-term care—yet most aren't prepared for the financial impact.Nursing homes in North Carolina now cost between $8,000-$13,000 monthly, amounting to a staggering $100,000-$150,000 annually. Without proper planning, these expenses can quickly deplete a lifetime of savings and even force the sale of your family home. But there's good news: with advance planning, you can protect what you've worked so hard to build while ensuring you receive the care you need.Attorneys Greg McIntyre and Haley Matson outline powerful asset protection strategies including irrevocable trusts that shield investments and savings from being counted for benefits purposes. They explain how LadyBird Deeds allow you to maintain control of your home during your lifetime while protecting it from Medicaid r