A Medicaid Trust Can Preserve Inheritances


This can sound like a rather unnecessary overstatement of the obvious, but you have to have assets left if you are going to be able to pass along inheritances to your loved ones. As you are budgeting for your retirement years, you may keep this in mind, and you may have certain intentions. At the same time, if you are like many people, you may be overlooking a very significant factor. This is why we are addressing a dynamic that may seem rather self-evident. Unexpected Expenses When you are devising a retirement budget, you are probably evaluating the needs that you will have during the active retirement years that you have always looked forward to throughout your working career.  This is only part of the picture. There is an enormous expense that you may face toward the end of your life, and you might not even be aware of it at the present time. Nursing homes are extremely expensive. Here in Connecticut where we practice law, the annual average cost for a private room in a nursing h
http://preserveyourestate.net/blog/elder-law/medicaid-trust-preserve-inheritances/

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