The nursing home shit pisses me off so much specifically because It’s incredibly easy to avoid but you actually have to have enough money to pay lawyers to set up trusts and annuities and whatnot. It literally only impacts people who don’t have the privilege to avoid it.
My grandfather technically died with barely a penny to his name. Just enough to cover funeral costs. All of his assets - around 2M total - had been transferred to various irrevocable trusts managed by his lawyers. The professional management cost something like 10% of the initial trust balance but that was worth it to prevent the slimebag nursing home people from getting. They got literally twelve dollars or something in probate. Not even worth the cost of the leach they sent to the hearing.
The nursing home shit pisses me off so much specifically because It’s incredibly easy to avoid but you actually have to have enough money to pay lawyers to set up trusts and annuities and whatnot. It literally only impacts people who don’t have the privilege to avoid it.
My grandfather technically died with barely a penny to his name. Just enough to cover funeral costs. All of his assets - around 2M total - had been transferred to various irrevocable trusts managed by his lawyers. The professional management cost something like 10% of the initial trust balance but that was worth it to prevent the slimebag nursing home people from getting. They got literally twelve dollars or something in probate. Not even worth the cost of the leach they sent to the hearing.