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mom may have to get nursing home care...Asset Protection?
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School Of Hard Knock
Posted 1/8/2013 19:22 (#2808829 - in reply to #2808034)
Subject: RE: mom may have to get nursing home care...Asset Protection?


Central ND
Southern Farmer - 1/8/2013 10:59

Everything I have acquired over the years was for the intention of providing for my family. Been fortunate that we have always liver a fairly comfortable life. The kids are all grown and own their own. While my wife and I are getting on up in years there is always the possibility that we will eventually need some type of care. I will use whatever assets I own to insure that we have the care we need. When our term expires on earth, the kids are welcome to whatever is left over but no way will I go the government and beg for necessities while I have the means to provide for myself and my wife. To me, that attitude is what is wrong with this country today. It's nothing more than a gimme, gimme attitude.


I do agree with you, but what if you have a son or daughter or two that has been investing her / his lives, time,and money into your assets and savings for say....30 years while they run the farming and get your work done on much of their spare time or even when it isn't so much spare time .....How about if the are renting it? and property goes to the home too because you did nothing to stop it?I've seen it before and it will happen again .Then should assets be protected to prevent this?

Edited by School Of Hard Knock 1/8/2013 19:28
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