The cost of services from a Nursing Home or Home Health Services continue to rise annually at rates of 5-8%. Individuals who have carefully built their estate over years of hard work find that at a daily rate of $175 over 365 days per year creates a huge cut into their estate at a rate of $63,875 per year. The average stay for an individual in a Nursing Home is 3 years but for some people the stay may be 10 or 20 years. How do you keep up with the cost and still have the gift of an estate to transfer to your family?
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