My husband is 14 yrs older than me and he is 77. He has early dementia due to MS lesions and has Essential tremors which are becoming severe. I promise to care for him at home as long as I am physically able to manage his care . I am a retired nurse .
We both have IRA’s and Roths and CD’s. My concern is that in order to protect some of our assets for me to have available when needed once he has passed , one must set up trusts, etc 5 yrs before nursing home application.
Does anyone have any advice or experience with protecting assets in the event of a nursing home placement ?
We both have IRA’s and Roths and CD’s. My concern is that in order to protect some of our assets for me to have available when needed once he has passed , one must set up trusts, etc 5 yrs before nursing home application.
Does anyone have any advice or experience with protecting assets in the event of a nursing home placement ?
Statistics: Posted by Whyfret1 — Tue May 07, 2024 4:45 pm — Replies 1 — Views 211