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The IDIOT Trust: A tool to protect assets from nursing home costs

April, 2021

Gina M. Barry
When it comes to protecting assets from nursing home costs, many believe that the solution is to place those assets in a trust. In some circumstances, establishing an irrevocable trust, which is required to obtain asset protection, may carry great risk. Nonetheless, in the right circumstances, a smart choice could be the IDIOT Trust.

 

 

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by: Gina M. Barry

Prime
April, 2021

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