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Protecting Your Spouse from Nursing Home Costs

Protecting Your Spouse from Nursing Home Costs

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Protecting your loved ones from the devastating financial impact of long-term care costs is one of the most powerful gifts you can give them. In this eye-opening episode, attorneys Greg McIntyre and Haley Matson reveal crucial strategies to shield your home, retirement savings, and other assets if nursing home care becomes necessary in your future.

The conversation begins with a fundamental truth many families face: you've worked hard for your home, built a retirement fund over decades, and want to ensure these assets remain intact for your spouse and children. Without proper planning, the staggering costs of long-term care can rapidly deplete everything you've built. Thankfully, there are legal solutions available when you work with knowledgeable professionals.

Matson walks listeners through several powerful protection strategies, with special attention to the Lady Bird deed - a remarkable legal tool available in North Carolina that allows homeowners to maintain 100% ownership during their lifetime while ensuring the property transfers directly to beneficiaries upon death, bypassing probate and potential Medicaid recovery claims. The attorneys also discuss trust planning, last-minute crisis strategies for those who haven't planned ahead, and how careful asset restructuring can help qualify for benefits while preserving resources. As Matson aptly puts it, "Planning ahead is always better than cramming the night before the test," but solutions exist regardless of your current situation.

Ready to protect what matters most? Schedule a free consultation by calling 1-888-999-6600 or visiting mcelderlawcom/scheduling to speak directly with an attorney who can help safeguard your family's financial future.

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