Anthony J. Enea Legal Answers in New York

How Can I Protect My Life Savings If I Need Long-Term Care In New York?

It’s no secret that long-term care is costly. The cost of a nursing home, assisted living facility or … Show More in-home care can quickly wipe out your life savings if you haven’t planned ahead.The best time to prepare for the possibility of long-term care is before you develop health problems. The sooner you start preparing, the more options you will have to safeguard your assets. One of the most valuable tools for protecting your assets – a Medicaid asset protection trust – requires planning well in advance.The Challenge Of Qualifying For MedicaidMedicaid is a financial and income-based program that provides coverage for long-term care. If you are not eligible for Medicaid, you must …Read More »

Sponsored answer by Anthony J. Enea