Elder Law Report

Protecting Your Spouse from Nursing Home Costs

Informações:

Sinopsis

Protecting your loved ones from the devastating financial impact of long-term care costs is one of the most powerful gifts you can give them. In this eye-opening episode, attorneys Greg McIntyre and Haley Matson reveal crucial strategies to shield your home, retirement savings, and other assets if nursing home care becomes necessary in your future.The conversation begins with a fundamental truth many families face: you've worked hard for your home, built a retirement fund over decades, and want to ensure these assets remain intact for your spouse and children. Without proper planning, the staggering costs of long-term care can rapidly deplete everything you've built. Thankfully, there are legal solutions available when you work with knowledgeable professionals.Matson walks listeners through several powerful protection strategies, with special attention to the Lady Bird deed - a remarkable legal tool available in North Carolina that allows homeowners to maintain 100% ownership during their lifetime w