Why nursing home planning is necessary
A good estate plan ensures that your heirs are well provided for in the event of your death or incapacity. However, a better estate plan is the one that addresses not just the needs of your children, but also your needs as your situation begins to necessitate the service of a long term care facility.
The service of a nursing home can be so costly that planning for it as early as today is necessary to protect the assets you have amassed over the years. Nursing home costs have the potential to deteriorate funds you intended to pass down through the family. With nursing home planning, however, you can plan to provide for your health later in life without trading off the financial future of your family.
Nursing home planning is part of the estate planning services our team of probate attorneys at Peck Ritchey, LLC, offers. Call us at (855) 328-5787 and start planning for you and your family’s futures today.