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 ...
Reverse mortgages are loans that allow you to borrow from your home's equity. Irrevocable trusts can protect financial assets ...
Mohammed Ali and his partner Justin Hanson began running the illegal health care kickback scheme in 2017, authorities said.
With trust fund fever spreading at the Roundhouse, New Mexico's latest new fund could be targeted at the state's growing Medicaid budget. A bill filed by a bipartisan group of senators would earmark ...
A pooled trust helps you maintain Medicaid eligibility for home care by protecting your excess monthly income. You'll deposit surplus funds into a trust managed by a non-profit organization, which ...
In New York, there has been a strong shift to trusts in recent years due to the drawbacks stated above. A trust, like a will, ...
Jennifer Rose, 47, was arrested Wednesday and charged with first-degree larceny for allegedly depleting a Medicaid ...
ROCKY HILL, Conn. (WFSB) - A Branford woman is in custody for financial exploitation of a Medicaid’s recipient’s trust ...
Some place their funds in an irrevocable trust in an attempt to shield them from Medicaid, turning countable assets into non-countable assets. To prevent people from giving away all their goods to ...