Dear Michael: We have reached the age (65+) where we need to be considering either a living trust or a life estate. Our attorney has advised a living trust but we are not sure if this covers us if we go into a nursing home and do not have enough money.
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Michael Baron provides estate planning guidance at Great Plains Diversified Services in Bismarck, North Dakota. Email him at KeeptheFamilyFarm@gmail.com.





