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Wednesday, October 22, 2014

Strategies To Pay For Elder Care

To avoid being a burden to your spouse or other love ones, you need to learn more about these ways to help you survive the care costs when you become mentally or physically frail.

On the other hand, healthy seniors should use this information to plan ahead for care they might need in the future.

1. ASSET PROTECTION trusts.
2. Private ANNUITIES or promissory notes.
3. Pooled trusts.
4. Personal care agreements.
5. Spousal transfers and spousal refusal.