Maretus pfp
Maretus
@maretus
A lot of people seem to think that millenials and gen X are going to inherit a shitload of wealth from baby boomers. But, after seeing how expensive memory care is, I have a feeling A LOT of their assets will be transferred to healthcare facilities instead.
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⚡STIICKZ⚡ pfp
⚡STIICKZ⚡
@stiickz
Healthcare facilities strip away so many fortunes. That's why putting big assets like real estate in a trust so they can't get to it is so essential
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Maretus pfp
Maretus
@maretus
Apparently, to qualify for Medicaid there is a 5 year look back period so you have to do the trust thing many years before you might actually need it.
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