Posts Categorized: Asset Protection

Who Needs a Trust?

Who needs a trust? Neither age nor the amount of assets you own should determine if you need a trust. If any of the following applies to your situation, you should seriously consider creating a...

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What Assets are at Risk?

If my spouse goes into a nursing home, are the assets owned by me alone at risk to be used up to pay for his care? Unfortunately, yes. Ohio does not look only to the...

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Who Should be the Trustee?

If I create an Irrevocable Asset Protection Trust in order to protect my assets from the cost of a nursing home, who should be the Trustee of that trust? If the trust is properly set...

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Are my Retirement Funds at Risk?

Are my retirement funds at risk to pay for a nursing home? Yes.  With limited exceptions, any assets which you own are “available” under Medicaid law to pay for your nursing home care, and retirement...

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