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How To Protect Your Assets Before Moving To A Nursing Home

How To Protect Your Assets Before Moving To A Nursing Home

Thomas Curtiss Jr. (Attorney-at-Law) gives expert video advice on: How do I protect my assets before moving to a nursing home?

How do I protect my assets before moving to a nursing home?

Protection of assets can mean different things. Protecting your assets before you go into an assisted living facility in order to ensure that they are managed properly is one goal. That goal can be reached by giving someone else the ability to manage your assets by conferring upon that person, by a power of attorney, the power to do so, or by giving the trusteeship of your living trust over to your successor trustee so that the management can be done through the trust vehicle.