Thought I had heard it all, but off top of my head don't see anything wrong with this.
Have a friend with about 10 houses that cant afford long term care insurance.
So they plan on getting divorced. This way they could only lose half if one goes into a nursing home. If married they would only be able to keep 26K if they other one of them went in a nursing home.
Have not checked myself. But in our state trust cost are expensive since you cant use a family member and has to be a third party trustee.
Any thoughts?