Legal Question in Elder Law in West Virginia
asset protection from nursing homes
My husband is almost 20 years older than I and we have been married for almost 30 years. We do not have any children, but have saved and have a nice home and vacation home. I am worried that if something happens and he has to go into nursing home, I will be all alone and also lose my real estate and cash assets. Is there a trust that will help us?
1 Answer from Attorneys
Re: asset protection from nursing homes
A trust by itself will not protect your assets but planning with a trust will. Given your assets I suggest you work with an attorney on this. You can, of course, use someone in WV, but you can use anyone as long as you make the call. A California attorney is licensed to practice law for anyone who comes to California to hire his or her services. I work for out of state clients all the time doing estate planning with due consideration of the laws of the State in which they reside.
I can offer you a E-book on estate planning for the middle class one of my websites, www.yourlivinglegacy.info. It is written for the lay person, and will help you understand what this stuff is all about.
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