Hello ,

Here's a sobering stat: 70% of people over 65 will need long-term care, which can run $10k-$15k per month. Without planning, that can drain savings, force home sales, and leave a healthy spouse financially stranded. 

Protections

But it doesn't have to be that way. Attorneys Greg McIntyre and Jane Dearwester broke down some of the most effective tools to protect spouses and assets: 

• General Durable Power of Attorney (GDPOA): Ensures your spouse can manage finances without going to court.
• Healthcare Power of Attorney (HCPOA): Gives your spouse decision-making rights in medical situations. 
• Lady Bird Deeds: Keep your home out of probate, shield it from Medicaid recovery, and pass it directly to heirs. 
• Medicaid Asset Protection Trusts (MAPTs): Preserve savings and property while still generating income.

Thank you for reading our e-newsletter dedicated to protecting your assets and planning for long-term care. We look forward to assisting you with strategic legal solutions that ensure your peace of mind.

Greg McIntyre

Elder Law & Estate Planning Attorney 

P.S. Sharing is caring! Forward this newsletter to someone who may benefit from understanding the power of Revocable Living Trusts.