The Medicaid Asset Protection Trust is one of the building block documents you are likely to use if you want to properly protect assets from being lost to high nursing home costs. Click on the following link to get more information about a special type of Irrevocable Trust clients […]
Read more →Archive for the Asset Protection Category
Should it become necessary for one spouse to move to a long term nursing care facility (“Institutionalized Spouse”), the spouse who remains at home (“Community Spouse”) will need to know their rights and planning options. In order to determine the best approach for protecting assets for the Community Spouse and […]
Read more →When a parent or loved one gifts assets to you, they will become ineligible to apply for Medicaid for a period of time. The ineligibility period will begin when the person who made the gift applies for Medicaid. The length of the ineligibility period will be equal to […]
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