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ThompsonM928xx Asked June 2020

I have heard about setting up a healthcare LLC company to protect my parents assets. I have had a LLC Company in the past. Any thoughts?

Any help would much appreciated,
Thanks,
Mark T.

AlvaDeer Jun 2020
I would see a good elder law attorney. I myself would not be doing the assets protection thing. I believe that a person's money is there to care for that person, not to pass on to heirs. Your best advice about this will come from an attorney.
ThompsonM928xx Jun 2020
I agree just wanted to make there!!.. money last as long as possible. I don't know
you, but I've done and put up with a lot last 7 mths. I'm dealing with two parents. One with mild dementia, and the other is advanced.
Flowerhouse1952 Jun 2020
My mom has an irrevocable trust. Its in her name but she cannot get to the money and other assets. My siblings and I can however get to it for her needs.

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sjplegacy Jun 2020
Another idea may be an irrevocable trust. Check it out.
ThompsonM928xx Jun 2020
Thanks..

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