liquidación de patrimonio

English translation: liquidation of assets

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Spanish term or phrase:	liquidación de patrimonio
English translation:	liquidation of assets
Entered by:	peter jackson

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08:50 Apr 13, 2018

Spanish to English translations [PRO]
Social Sciences - Economics

Spanish term or phrase: liquidación de patrimonio

This is from the conclusión of an article about catastrophic health expenditure and impoverishment. I understand that this means using an individual's assets to finance care but not sure how to phrase it here.

En definitiva, se trata de que las personas con necesidades de LTC puedan acceder a los servicios necesarios y reducir el impacto financiero que tiene para individuos con determinados perfiles, asumir el pago de los servicios formales. En este sentido, cabe considerar sistemas complementarios u otras fórmulas alternativas de OOP-LTC, como el uso de otros instrumentos financieros de liquidación del patrimonio o sistemas de aseguramiento y previsión.

(LTC = long-term care, OOP = out of pocket payments)

peter jackson KudoZ activity Questions: 334 (10 open) (1 without valid answers) (17 closed without grading) Answers: 116 Spain
Local time: 05:35

liquidation of assets

Explanation:
how to avoid the Liquidation of assets on account of LTC
Preserve Your Assets with Long-term Care Insurance | BrightPath ...
www.brightpathwealth.com/.../preserve-your-assets-long-term...
22.11.2016 - When the need for long-term care arises, it is not uncommon for couples and individuals to have to liquidate retirement assets to cover the costs. Only when all of the assets have been liquidated down to the residence and a car, will Medicaid provide any assistance for long-term care expenses. A lot of