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Re: Protecting Assets
Old 10-18-2005, 09:59 AM   #5
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Join Date: Jul 2004
Posts: 60
My question relates to creditors. I was picturing a worst case senario where one of us were faced with a serious illness and had to have assisted living or placed in a nursing home. In this senario, when the insurance runs out before the state picks up the tab, I'm forced to drain the 401k and sell assets.

Is there a way to set up a trust, or any other method to gaurd against this?
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