Medicaid Asset Protection Trusts When you create an irrevocable trust, you transfer ownership of your assets to a trustee, ...

Are you concerned about the rising cost of long-term care? Are you worried about not being able to leave your spouse or kids the assets that you’ve worked so hard to save? If so, then I'm going ...

Irrevocable trusts can shelter income and assets, so these limits are not exceeded. The trustee of these “Medicaid trusts” can never be the creator. Just like estate tax savings trusts ...

Choosing a revocable vs. irrevocable trust means looking at your reasons for establishing a trust very closely. Read on to ...

Medicaid is a partnership program between states and the federal government to provide healthcare coverage for lower income individuals, people with disabilities, older people, and certain ...

If they don’t live there, there’s another exception to the spend down requirement for “property essential for self-support.” ...

Congress’ main Medicare advisory panel is poised to tell lawmakers to cut its funding for nursing homes by 3%.

Some higher earners can skirt Medicaid’s eligibility limits through legal maneuvering, like putting income into a trust fund managed by a person on behalf of the would-be Medicaid enrollee ...

As we age, many of us will need some form of long-term care, whether at home or in a facility. With nursing home costs averaging over $90,000 per year, long-term care expenses can add up quickly.