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Some few months ago I was trying to think of some sort of asset protection vehicle to prevent medical organizations from seizing everything I own in the event I face some catastrophic health issue. I don't think you can transfer property to a trust to shelter you from such events, though. They'd just go after the trust as far as I know.

The bigger issue is that I shouldn't have to think about this sort of problem in my emergency or estate planning.

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It's weird though, you'd think that would be exactly the kind of risk that would be insurable. Privately or as a whole society. Some of us will keel over on the spot or otherwise incur near-zero end-of-life costs; others will need $2 million of care to make it through the last couple of years. It seems less relevant whether people in society pay their everyday medical costs out of pocket, compared to the fact that any one of us might need rare expensive treatment or complex care. The whole country sharing the risk as a massive national collective self-insurance exercise seems like the best solution.

Sorry, I don’t like it when MY money goes to help THOSE people. (Sarcasm)

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