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If you want to ruin your child's future by handing down the worst credit burden in history. You should think about selling what you have in order to pay off the nursing home. * There are many options for protecting ones assets and property from seizure by creditors regardless of the reason. The best option would be to discuss the matter with an attorney or financial advisor to determine what type of trust or other legal instrument would be the most beneficial for all parties involved. Children are NOT responsible for medical bills, nursing or long-term care costs, etc. of a parent unless they agree in a written contract to accept the financial responsiblility.

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18y ago

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