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On April 29, 2013 by Louis Wolkenstein to Asset Protection

Are You Responsible for Your Parents Health Care?

In 2009 a Norristown Pennsylvania Woman was Sued by Her Mother’s Nursing Home for Her $300,000 bill. In 2011 A Pennsylvania Court Ordered a Man Living in Allentown Pennsylvania to Pay His Mother’s $93,000 Nursing Home Bill. Under Pennsylvania’s Filial Law Adult Children Can be Made to Pay for their Elderly Parents Nursing Home Care. These Headlines Underscore the Need for Proper Financial and Wealth Management Planning. Additionally, Those With Significant Assets Should Take Steps to Protect their Investments and Savings from Potential Creditors Well in Advance of a Potential Creditor Attempting to Lay Claim to Them. See The Stories at http://abcnews.go.com/Business/pennsylvania-son-stuck-moms-93000-nursing-home-bill/story?id=16405807 and http://abcnews.go.com/Business/story?id=8074570&page=1

The Investment Advisor – Helping Families in Pennsylvania

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The Investment Advisor is a registered investment advisor in the state of Pennsylvania. Pennsylvania is the only state in which The Investment Advisor is registered to conduct business. Therefore, only residents of the state or Pennsylvania may consider this web site as an offer to conduct business. If you are a resident of a state other than Pennsylvania you may view this web site for informational purposes only. If you are a resident or business that does not reside in Pennsylvania this web site is not an offer or solicitation to conduct business in any state other than in Pennsylvania.