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3 Results for Articles by Aric D. Burch
Aric D. Burch
Attorney
Wausau Office
In The Blue Ink Blog.

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Will Parents’ Long-Term Care Costs Sink the Farm?

Posted on July 11, 2018, Authored by Aric D. Burch
Aric D. Burch
Attorney
Wausau Office
, Filed under Ag-Visor

Problems can result when parents maintain ownership of a farm but need long-term health-care services from an assisted-living facility or nursing home. Expenses associated with long-term care can jeopardize a farm business if not properly managed ahead o…

Will the Nursing Home Take My House?

Posted on January 17, 2019, Authored by Aric D. Burch
Aric D. Burch
Attorney
Wausau Office
, Filed under Trusts & Estates

When faced with the possibility of paying for nursing home care, many people I meet with are concerned about what will happen to their house. Inevitably, I am asked, “Will the nursing home take my house?” To protect the house, clients want to immediately…

Is My IRA Safe From the Nursing Home?

Posted on June 12, 2019, Authored by Aric D. Burch
Aric D. Burch
Attorney
Wausau Office
, Filed under Trusts & Estates

After working and saving, clients are concerned that unexpected costs will become unplanned for drains on their Retirement Accounts (e.g, 401(k), IRA, Roth IRA, 403(b), etc.). As the need to pay for nursing home care nears, those concerns grow and questi…