On behalf of Sayer Regan & Thayer of Sayer Regan & Thayer, LLP posted on Tuesday, November 22, 2022. —
This is a question that many elder law and estate planning attorneys often hear. When people get older, they may start feeling pressure to protect the assets they have worked their whole life to obtain. One solution is to transfer assets to their children, to prevent the state from taking their money for long-term care or for taxes.