My seventy-two year old widowed mother has several bank CDs. I am concerned about asset protection. Will an IRA or trust provide assest protection? If not, what will?
Your question is best addressed to an attorney who is well-versed in estate planning or elder law in the state in which your mother resides. He or she will need a full understanding of your mother's circumstances and asset-management goals to determine the appropriate tools and strategies.
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Your question is best addressed to an attorney who is well-versed in 