Benefits Of Planning
Planning ahead of time can be a huge benefit to you for a number of reasons. Some of those reasons include:
–Providing a smooth transition from private pay to public benefits.
–Minimizing the out of pocket expenses to the applicant and their spouse.
–To shelter and protect the assets within the framework that the state allows.
–To review all the options and choose those with the least risk and greatest benefit.
–To avoid or minimize the State’s ability to perform estate recovery