for grandparents...how do you protect assets?

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Posted by chris on March 18, 2010 at 22:03:48:
If a business is being sold, how would you protect the cash? They are concerned with becoming ill and hospital x taking assets leaving 1 without cash. I know its a big question, but I don't want to spend the money getting them bad advice.
What entities can you use to protect from that?

Follow Ups:

an irrevocable trust Leigh 07:01:02 03/20/10 (0)

Re: for grandparents...how do you protect assets? lukeNC 05:34:39 03/20/10 (1)

Re: for grandparents...how do you protect assets? chris 10:07:45 03/20/10 (0)

not a DIY situation Kristine-CA 15:44:07 03/19/10 (0)

Lawyers spec'ize in Elder Law blackdog 11:44:19 03/19/10 (0)

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