Early planning is key in protecting your parents' assets from nursing home costs in North Carolina. There are several legal tools and strategies you can use.

To maximize protection, modify or create wills that include testamentary trusts which provide welfare for surviving spouses – keeping their shared wealth ...

1 июн. 2024 г. · McIntyre Elder Law can guide you in safeguarding your assets from nursing home costs while also ensuring Medicaid eligibility.

A skilled North Carolina asset protection attorney can help you save your money and be treated fairly so you aren't blindsided by high costs and complicated ...

There are several common ways to protect your home from Medicaid estate recovery. They include keeping assets out of probate, utilizing irrevocable trusts.

Asset protection trusts can be written in such a way as to give a person whom the grantor (donor or settlor) trusts access to the trust income and principal.

Оценка 5,0 (121) #1: Invest in Long-Term Care Insurance · #2: Purchase a Medicaid-Compliant Annuity · #3: Put Their Assets in a Trust · #4: Reach Out to an Elder Law Attorney to ...

In North Carolina, generally speaking Medicaid will pay for nursing home care if you “spend down” your assets so that your “countable assets” do not exceed a ...

15 мар. 2024 г. · A Medicaid Asset Protection Trust (MAPT) is an irrevocable trust designed to protect assets from being counted for Medicaid eligibility. In ...