How can I ensure my assets are protected in a long-term care facility?
One of the most important things you can do to ensure your assets are protected in a long-term care facility in Washington is to create a proper estate plan. This includes estate planning documents such as a Last Will and Testament, a Durable Power of Attorney, a Living Will and/or a revocable trust. A Last Will and Testament allows you to specify how your assets should be distributed upon your death, while a Durable Power of Attorney allows you to designate an agent or "attorney-in-fact" to make decisions on your behalf if you become incapacitated or unable to make decisions for yourself. Additionally, a Living Will allows you to specify the types of medical treatments you would or would not like to receive if you become incapacitated. Finally, you may also consider a revocable trust as another way to ensure your assets are protected in a long-term care facility. A revocable trust can allow you to specify who will have control over your assets and how they will be allocated and managed. To ensure that your estate plan is properly created, it is best to consult with an experienced elder law attorney, who can provide the necessary legal guidance to help you structure your estate plan in accordance with Washington law.
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