With the senior population in the U.S. growing and health care costs skyrocketing  right alongside, most families look ...

For those who don't qualify for long-term care insurance or can't afford it, the Medicaid Asset Protection Trust ("MAPT") can protect your assets from the high cost of long-term care in your home or ...

A safer alternative to transferring your real estate to your children for a $1 is transferring the property to a Medicaid Asset Protection Trust. Before explaining how this trust works, it is ...

An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism ...

That shows eligibility wasn't just about income, but financial assets as well. With high stakes at play, asset protection ...

As a financial advisor, you will have clients who are doctors, lawyers, accountants, or real estate agents. There are the top four professions that attract lawsuits when they make costly mistakes. If ...

Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...

It is very important that when the trust is created, assets are transferred into the name of the trust. The transfers made into the trust are subject to a 60-month look-back period for Medicaid ...

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.

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these ...