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Wisconsin - 50/50 State
God bless you.
It's a scary question with the costs today.
We have discussed this and are going to ask attorney about maybe putting things in daughters name? DoNt know the answer to this very important question.
Julia I'm glad you brought this up. What about trusts?
The VA does provide reimbursement for care. But to receive that you should also see an elder law attorney, because you would have to document all care.
Good Luck.
FWIW I decided that I could not give my wife's care to an institution and use local caregivers as required so I would have absolute control on care when I was not available.
Hugs to you, and may God watch over you both every day. JAD711
It is a possible approach to the situation. Discuss this with an experienced elder law attorney, preferably in a frim where there are also family law experts.
It is a sad truth that if you'd never been married the assets in your name would not now be at risk. But whether or not a divorce would "fix" the risk now requires knowledgable legal advice.
I am very sorry you even have to ask this question. To have one's life partner requiring professional care is painful enough, without difficult financial challenges. Hugs to you both!