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How To Protect Your Assets Before Moving To A Nursing Home
Posted in Health, Personal Finance, Retirement | 7 viewsProtection 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.
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assisted living, living trust, Nursing, nursing homes, power of attorney, protecting your assets, Trustee, trusteeship
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Posted by Westchester Savings Tips on October 6, 2009.« Previous: Tips for Staying On Top of Your Credit
