WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about using a life estate deed to protect your home or other real property against future high healthcare bills or other unknown creditor costs. A life estate provides the life tenant with an enforceable legal right to remain in his or her home for the rest of their life, in a way that is protected against attachment by any future medical creditors, or other creditors. An heir or loved one can serve as the real property remainder interest holder–which can insure that the loved one inherits the real property free of creditor problems.
Vance talks with WTOB Radio every Tuesday at 4:38 pm, educating the public about elder and special needs law, and estate planning topics.