NURSING HOME PROTECTION

Long-term care is virtually cost prohibitive for most people.  Without taking steps to protect your property, the costs of such care (within a relatively short period of time) will consume almost all of your estate.  This is one area where it is extremely important to act quickly.  Many times people wait until long-term care is imminent.  If your goal is to protect assets for the benefit of your family, generally, the sooner you act, the better the results will be.  Not only may there be significant penalties imposed for those who transfer their assets without proper planning, waiting too long may make it very difficult for you or your family to take steps to protect your assets.