An Asset Protection Plan includes all the components of the Estate Plan plus a written plan addressing how to collect public resources such as Veterans Aid and Attendance, Nursing Home Medicaid, or CHOICES. These public resources can pay for long term care in a nursing home, in an assisted living facility, or in the home. With an Asset Protection Plan, enjoy welcome comfort knowing how long your money will last and how to best supplement your own funds with benefits like Veterans Aid and Attendance or CHOICES.
The Asset Protection Plan eases a lot of the worry that our clients have about money. Our Asset Protection Plan tackles such major concerns as the cost of care, running out of money, and losing life savings to nursing home care. Elder Law of East Tennessee helps our clients find ways to pay for care so that these worries are lifted. Our clients and their families feel so relieved that they can re-focus their energy on other important issues, like their relationships with their family and the quality of care they receive. We create an asset protection plan that is one-of-a-kind for our client and then help the client put the plan into action. We also handle the tough issues for our clients, like processing applications for Veterans Aid and Attendance benefits or for TennCare/Medicaid.
Elder Law of East Tennessee takes a personal approach to our work. To find out more about how Elder Law of East Tennessee can help with your Asset Protection Planning, call Elder Law of East Tennessee at 865-951-2410.