Saving Assets and Income from Nursing Home Expense

Posted on Jan 25, 2018

Everyone knows that full-time nursing home care is expensive, usually costing a resident more than $6,000 per month in Indiana.

What many people don’t know, however, is that, in many cases, the government doesn’t immediately pay for that care. Unless proper planning is done, the government frequently won’t pay for a long-term stay in a nursing home facility in Indiana until the resident has spent down most of his/her money and other assets.

What even fewer people know is that, in many cases, there are LEGAL planning opportunities and strategies that can be used to LAWFULLY save money and other assets against the cost of a long-term stay in a nursing home facility in Indiana. In many cases, these planning opportunities and strategies exist even when a person is entering or has already entered the nursing home facility.

I have experience helping Hoosier families lawfully plan to save assets and income from the expenses of long-term nursing home care. If you would like to receive more information concerning these planning opportunities, I would be pleased to meet with you to discuss your particular interests and objectives.

For more information on this topic, please contact the author, John Collins, by phone at 812.424.7575 or by e-mail at jcollins@zsws.com.

Posted on Jan, 25 2018