Long-term care expenses, whether in-home assisted living or a nursing home, can be extremely costly to you and your family’s well-being. Many families turn to their assets and begin to liquidate them in order to pay for these care costs. Unfortunately, it is not easy to begin to spend down your assets and there can be stiff penalties that can apply if done incorrectly. Asset transfers must be done carefully
as spend down rules are not simple. An elder law attorney will work to preserve your assets and help you plan to get government benefits before you become impoverished. We at McIntyre Elder Law have saved families millions of dollars over the years, protected their real estate, and made it easy for them through the entire application process.