8th Oct 2014
Not really, unless the plan is effected long before the disease and treatment become active. A lot of promises are made today to market complicated estate protection plans. The simple truth is that the old style method of divesting a person in the final stages of life of their assets no longer works as it once did. Creating a quagmire of trusts and/or entities does little to change that lack of protection should the plan be challenged. Supplemental health and care facility insurance are likely better ways of protection and are often less expensive than some complicated estate plan which can be undone by a government challenge.