4 Key Things to Know about Trusts and Medicaid Planning - AgingCare.com
There are many types of trusts that can be helpful in protecting your assets while allowing you to qualify for Medicaid. This article is a brief overview of the things you need to know when setting up a trust.
It must be irrevocable: An irrevocable trust cannot be altered or amended, and are thus the only type of trust that offers any benefit for Medicaid planning.
