“Thought for the Day” #774 – by Stephen R. Elville, J.D., LL.M.

August 3, 2016

Many baby boomers want to know “Is it possible to do conventional estate planning and eldercare-related planning (usually asset protection) at the same time?” The answer is a qualified “yes”, and is usually determined by the amount of assets and types of assets owned. Good legal counseling will always involve a process that drills down to reveal whether such strategies make sense or are unrealistic and potentially self-defeating.