• Skip to primary navigation
  • Skip to main content

Duffy Law Office, PLLC

Helping Families Preserve Their Wealth

  • Home
  • Our Firm
    • About Our Firm
    • About The American Academy
    • Advantages of Working With Our Firm
    • Attorney and Staff Profiles
    • Speaker Connection
  • Services
    • Asset Protection & Business Planning
    • Elder Law & Medicaid Services
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • Incapacity Planning
    • IRA & Retirement Planning
    • LGBTQ Estate Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration & Probate
  • Reports
    • Advanced Estate Planning
    • Basic Estate Planning
    • Estate Planning For Niches
    • Trust Administration
  • Resources
    • Client Resources
    • Consumer Resources
    • Published Books
  • BLOG
  • Contact Us
  • (563) 445-7400
  • Show Search
Hide Search

Paying for Your Parents

Dennis D. Duffy · Aug 29, 2012 ·

When most people make financial plans, they plan for how they are going to take care of their children. Most of the time, people do not plan to take care of their parents. That’s the way things work in our culture. Parents provide for themselves and for their children. The support does not usually flow the other way, so we assume that our parents can and will provide for themselves.

Consider this possibility, however, your parent enters a nursing home for long term care. Your parent has enough assets to pay for his or her expected stay. Fortunately, your parent lives a lot longer than expected. Unfortunately, that means that your parent runs out of money to pay the nursing home, leaving the nursing home with the bill. What happens then?

If that nursing home is located in one of 29 states with a Filial Support law, the nursing home can sue you for reimbursement, even if you are not a resident of that state. Make sure that your parents have plans to pay for long term care. Also, make sure that you have plans to pay if you ever need long term care. You do not want to leave your children with an unexpected nursing home bill.

We are grateful you follow us and value your comments and input. You Can Also Find Us Online:Facebook|Twitter|LinkedInThanks again.

Ryan M. DenmanandDennis D. Duffy

Duffy Law Office, PLLC

 

  • Author
  • Recent Posts
Dennis D. Duffy
Latest posts by Dennis D. Duffy (see all)
  • Attorneys Want to Help - December 14, 2016
  • Trusts and the Estate Tax - December 14, 2016
  • What Is a Third Party Special Needs Trust? - December 14, 2016

Long Term Care Long Term Care, Nursing Home

Blog Subscription

Where we are

Duffy Law Office, PLLC
1840 E 54th St
Davenport, IA 52807
United States (US)
Phone: (563) 445-7400

Opening hours

Monday8:30 AM - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM

Map

duffy_hmpg_map.png

© 2023 · American Academy of Estate Planning Attorneys, Inc. | Disclaimer | Privacy Policy | Sitemap | Contact Us