215,524 views
24 votes
24 votes
Which of the following best explains how the need for eldercare impacts

estate planning?
A. Eldercare costs only impact estate planning and estate taxes
for individuals with assets of over $5 million.
B. If eldercare is needed, the individual's estate becomes the
property of the organization providing the care.
C. The high cost can have a significant impact on an estate's
assets and how those assets will eventually be distributed to
beneficiaries
D. Because eldercare is provided by government programs
without any cost to the individual receiving care, it does not
impact estate planning,

User Thorsley
by
2.7k points

2 Answers

23 votes
23 votes

Answer:

C. The high cost can have a significant impact on an estate's

assets and how those assets will eventually be distributed to

beneficiaries

Step-by-step explanation:

I got it wrong.

User Verbedr
by
2.5k points
18 votes
18 votes

Answer:

A. Eldercare costs only impact estate planning and estate taxes

for individuals with assets of over $5 million.

User Sayan Dasgupta
by
2.3k points