By CRAIG REAVES (Craig Reaves, immediate past president of the National Academy of Elder Law Attorneys, fields legal questions from New Old Age readers on occasion.)
Q. I’ve heard that there are circumstances where an insurance company or government agency will seek to recoup the costs of an elderly person’s care by going after assets belonging to adult children and their families. I’ve tried to research this online, but haven’t ascertained whether this is an urban legend or whether there’s advice for those of us concerned about doing right by our aging loved ones without ruining our futures in the process.
— D.D., Boston
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