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There is a Federal provision referred to as the Spousal Impoverishment Protection Act that states that the Community spouse, that’s the spouse at home, cannot be impoverished because of the expenses of the Nursing Home spouse. Under this Act, the community spouse...read more
Most individuals lose all their assets when they need extended care in a Nursing Home or Assisted Living facility. This is totally an unnecessary loss of family assets. All their assets can’t usually be saved but we can generally save about half of an individual’s...read more