Article written by Attorney Mark McMullin
Article written by Attorney Mark McMullin

One of the primary concerns that many people have is how they pay for future nursing home costs. In Cape Girardeau county, the average skilled nursing facility costs over $5,000 per month and the cost is only going up. For many people, that means a few years in the nursing home will leave them broke.

Of particular concern is that many people don’t plan and don’t prepare simply because they don’t know what options or strategies are available. For that reason, in 2016 I wrote an article titled “Little Known Strategies to Avoid Nursing Home Poverty”. Many of my clients found the article to be helpful. They liked that it wasn’t a legal treatise but written in simple, clear language. So in 2017, I updated and revised the article. Then it was published. Now we have copies at our office and regularly provide copies to individuals who worry because they don’t have a plan in place to protect their assets and loved ones.

Using the strategies outlined in this article, many families have protected tens of thousands of their hard-earned savings, and some families over $100,000. If you would like to request a copy of “Little Known Strategies to Avoid Nursing Home Poverty”, please click here.