Can a Nursing Home Take Your House? How to Protect Your Home and Assets The prospect of entering a nursing home can be a daunting experience, not only because of the emotional challenges but also the potential impact on one’s hard-earned assets. The question that lingers in the minds of many is, “can a nursing […]
This blog post will guide you through the various strategies and options available on how to protect parents assets from nursing home expenses, safeguarding your parents’ hard-earned assets from nursing home costs. Understanding Nursing Home Costs Nursing home costs can be staggering, averaging around $8,000 per month for a semi-private room, and even higher for […]
Hire a Skilled Elder Law Attorney to Protect Your Assets Most people opt for Medicaid to pay their nursing home costs. They may have to use their own resources to pay these expenses if they don’t qualify for Medicaid. They can also use their long-term care coverage instead of using their assets. Whatever path […]