How do I plan for an elderly family member?
Planning for the elderly has become a specialized practice in recent years. It’s usually part of the estate planning process when looking at long-term care (at home or nursing facilities), Medicaid planning, asset protection or caring for aging loved ones. There are steps you can take to protect yourself. This process usually starts with learning some key points about your situation and then working with legal and tax advisors to create a strategy.
We would love to sit down and learn about your situation, educate you on your options, and help you execute a strategy. Set up a complimentary consultation today.