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How can you protect financial assets from attachment by nursing homes?
Wiki User
∙ 11y ago
This is really the kind of question that you should discuss with a lawyer, but I would say that you could place your assets in an irrevocable trust, of some kind.
Wiki User
∙ 11y ago
One way to protect financial assets from attachment by nursing homes is by creating a trust fund and transferring assets into it. This can help shield the assets from being considered for payment towards nursing home expenses. Consulting with a financial planner or an attorney who specializes in elder law can provide more personalized advice on how to protect assets.
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