COVID-19 has been hard on all of us, but especially on residents of nursing homes. Because nursing homes house our most vulnerable population, extra precautions needed to be implemented to protect them. This resulted in nursing homes being “locked down,” meaning residents were not allowed to leave, nor were they allowed visitors. Early on during […]
Entering a nursing home or assisted living facility can be one of the most confusing and stressful times that a family will ever have. In addition to changing a living situation, families are thrust into an alphabet soup of different government agencies and programs. We have discussed in prior articles the use of irrevocable trusts […]
Lots of people have heard about giving away assets to protect them from being used for nursing home expenses. However, giving your house away is not a decision to be taken lightly. The idea behind giving away (the fancy legal term is “divesting”) your house is to take it out of the equation when your […]