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Medicaid estate recovery varies by state but an IRREVOCABLE TRUST protects your assets from the nursing home IN ALL STATES, not a Will. . . . #medicaid #medicare #retire #turning65medicaremama #turning65 | The Medicare Family

Medicaid estate recovery varies by state but an IRREVOCABLE TRUS…

49.5K viewsNov 18, 2023

FacebookThe Medicare Family

A carefully drafted irrevocable trust is an ideal asset protection trust. They can add significant tax and non-tax benefits to your overall estate plan. Unlike a revocable trust, an irrevocable trust optimizes the grantor’s assets to avoid taxes and maximize potential Medicaid benefits. | J. L. Williamson Law Group, LLC

A carefully drafted irrevocable trust is an ideal asset protection trust. …

233 views6 months ago

FacebookJ. L. Williamson Law Group, LLC

A revocable trust and an irrevocable trust are two types of trusts that serve different purposes in estate planning. *Revocable Trust:* A revocable trust, also known as a living trust, is a trust that can be modified or dissolved by the grantor (the person who created the trust) at any time. The grantor can change the terms of the trust, add or remove beneficiaries, or even terminate the trust altogether. *Key characteristics:* - Can be changed or dissolved by the grantor at any time - Allows fo

A revocable trust and an irrevocable trust are two types of trusts that s…

49 views7 months ago

FacebookBarfield Tony

Medicaid Trust: Qualify for Government Aid for Nursing Home Cost

Medicaid Trust: Qualify for Government Aid for Nursing Hom…

assetprotectionplanners.com

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

IRS Quietly Changes The Rule On How Your Children’s Inheritance …

🔒 Considering an irrevocable trust? Here are 3 reasons why you might : 1️⃣ Tax Benefits: With individual exemptions at $12 million and $24 million for married couples, an irrevocable trust can offer substantial tax advantages, helping preserve your wealth for generations to come. 2️⃣ Safeguard Government Benefits: Protecting Medicaid eligibility for long-term care or securing benefits for a disabled beneficiary is paramount. An irrevocable trust can shield assets, ensuring vital support remains

🔒 Considering an irrevocable trust? Here are 3 reasons why you migh…

44 views8 months ago

FacebookLegacy Tax Advisors, LLC

To avoid Medicaid Estate Recovery, hire an elder law attorney YEARS before you expect to go into a n

To avoid Medicaid Estate Recovery, hire an elder law attorney YEARS …

41.3K views10 months ago

YouTubeThe Medicare Family

Protecting Assets From Nursing Home Spend-Down

286.9K views11 months ago

TikTokaeplawyers

💼 Safeguarding Assets with Irrevocable Trusts: Planning for L…

33 views10 months ago

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Sylvia Gordon | Medicare Mama® on Instagram: "Revocable Trusts are …

332K views6 months ago

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What is a Trust?

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Avoid These 5 Common Estate Planning Traps

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Here's how to use a Medicaid Trust well.

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Avoid medicaid clawbacks by mastering the five-year lookback …

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Will a revocable trust avoid Medicaid recovery?

479 views4 months ago

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The Best Irrevocable Trust to Set Up for Estate Tax Avoidance

835 views3 months ago

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A living trust can be revoked at ANY time and remains in your control; …

38.1K views7 months ago

FacebookThe Medicare Family

How Medicaid Irrevocable Trusts Protect Assets

1.2K viewsMay 19, 2018

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Irrevocable Trusts: Avoid These Costly Mistakes! #trust #myths #i…

546 views2 weeks ago

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Medicaid Myth #1: Revocable Trust Assets & Nursing Homes

19.6K viewsMar 20, 2023

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Irrevocable Trust to Avoid a Probate

192 viewsJan 5, 2023

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How To Avoid Medicaid 5 Year Lookback? - CountyOffice.org

21 views1 month ago

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Medicaid Planning: Transitioning from a Revocable Trust to an Irrev…

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What is an irrevocable life insurance trust or ILIT short

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Can I use gifts to avoid probate?

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