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Tag: Residential Care

My parents-in-law sold their home and bought an RV. They have $ 200K in the bank. How can they protect their assets from being used for nursing-home costs?

Posted on June 10, 2022 By admin No Comments on My parents-in-law sold their home and bought an RV. They have $ 200K in the bank. How can they protect their assets from being used for nursing-home costs?
My parents-in-law sold their home and bought an RV.  They have $ 200K in the bank.  How can they protect their assets from being used for nursing-home costs?

My father-in-law has health issues. While he is not quite ready for a nursing home, that may be a necessity in the near future. He has state retirement benefits and a very small Social Security check. My mother-in-law operated an at-home daycare service, caring for a couple of children. Therefore, she has no Social Security…

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